Despite falling by about 100 points at one stage, FTSE managed to put in a fine recovery on Thursday. I believe things are looking up for FTSE and we are likely to see a continued rise.
The chart clearly shows FTSE is pretty much honouring the rising green diagonal. This is strongly suggestive of a rise to the 180 degree line of 4364.5. Should do well on longs tomorrow.
Incidentally, Thursday's trading range is the narrowest of the last seven days. Things could well be explosive on Friday!
Posts
No comments:
Post a Comment