Wednesday, 25 January 2012

>FTSE Technical analysis(UK)

FTSE Chart on weekly looks to be making a big head & shoulder pattern with right shoulder in making
lot of resistance ahead for FTSE .This head & shoulder pattern is valid till we don't break up above 6080.
If this pattern works we can witness a nasty fall in FTSE in coming months.

Would be posting Elliott counts later ....

No comments:

Post a Comment