EDIT: On the chart, please read "Resistance at 4340" as "Resistance at 4640" Apologies for the error.At first, FTSE's amazing ride up probably baffled a good many traders. If you don't hop on for the ride at the right time, you pretty much miss the ride especially when there's hardly a pullback. But is FTSE close to being forced to take a breather or even a correction? The possibility is rather high seeing that we are right at resistance. If it blasts through, it might head for the 270° line. If not, the bears may finally go on a rampage.
Projected High: 4,626.9302 (18.5703 points)
Projected Low: 4,581.1504 (27.2095 points)
Bullish above 4,621
Bearish below 4,595
Posts
No comments:
Post a Comment