Trendline support level. One to watch
Going forward support @ 7400-7500, till holds expect rally to continue towards 7700-7900 Close below 7400 negates above view
For Tuesday 05.09.2017 FTSE (TVC:UKX) Above 7423 Targets 7436-42,7455-72 Below 7400 Targets 7387-81, 7368-51
I don't know - time will let us know. This is what I use to feel when I used do revision a day before my final exams- I think all of us have passed through such scenarios in school / college days- what ever levels you are prepared you still feel butterflies in your stomach, don't you? Butterfly final legs can extend to 161.8% causing euphoria in markets. This is...
I explained how to trade high probability trades with using RSI Oscillator in Trending market. RSI Oscillator is fast moving indicator, Observe RSI Divergence failed to change the direction but still you get the pull back, Notice before price fall RSI hitting bottom that is key indication Price is trying to make higher high. Trend is strong on Upside those...
Reason : Slight upside around 6915-35 then downward momentum to start triggering rapidly. Same condition throughout all global indexes. A bigger short move is ready to open its mouth. Timeframe : Little upside in 3-4 days. then shorts.