FTSE

Any thoughts on a possible long at 5635?



dl.dropbox.com/u/20815047/FTSEdaily15_11_12.gif

I've just noticed that taking that screenshot actually changed the chart. Here's how it really looks using Paint instead of updata's capture option:



dl.dropbox.com/u/20815047/FTSEdaily15_11_12a.gif

Those two supports do coincide properly unlike how it looks on the first chart...weird!

Jackozy, i'm looking at that area too... level... 5627 -5640

dl.dropbox.com/u/40497882/Ftse%201h_LD.jpg ,

A fib expansion of the a & b sub-wave gives 100% at 5688.8 which is about where we are now. Excuse my EOD chart from yesterday Next decent support 5635 then 5478 but short is where its at IMHO

Yeah worth a 3 contract trade Jackozy.

Also worth bearing in mind the bigger picture when looking at the FTSE. Not that far away from the main 2009 trendline.



dl.dropbox.com/u/24866576/November%20201...0151112%20weekly.gif

Driver

Why is the 0 fib @ 5863?

Cheers RMc