FTSE

First post, hello all

Just been looking at the FTSE chart, looks like it will drop 100 points or more tomorrow to 6140 -6100

large bearish engulfing bar and Mac D divergence.

Whats does anyone think?

Simon

It looks like it gonna be a shorting frenzy day tomorrow.
Some serious bearishness in the American markets last night.
It looks like ftse will follow suit today. I won't be looking at adding any new longs for the time being as it looks like a bigger correction may be about to start. So careful with the longs.
There will be a lot of gap downs first thing tomorrow.
I'm currently short on a few shares so looking good for my shares

FTSE 123 high breakout
its made a LH & a LL

Maybe looking to short at 6277 as that will be the brekout point I think

I took tht but have closed it. Now thing FTSE will go to 6297 before a final drop and then a 5th wave up

Short FTSE from 6353 with a 45 pip stop

Target is 6130 (20 pips above the 6110 support I have charted)

I'd post a chart, but my chart is messy at the moment and probably would cause more confusion to others than help.