FTSE

Head and shoulder forming???



dl.dropbox.com/u/4899609/ftese1004thmarch.png

head and shoulder formation will comfirm once
the ftse finishes below 6272. But id be more happy with shorts
if 6258 was broken


Look at the RSI divergence on this


dyor

would you say it's a bearish shooting star on FTSE daily (today's candle) ????

Its very close to one but its got a small tail so more like a doji. just a few points away from one thou so very close.


dl.dropbox.com/u/4899609/ftse1006thmarch.png

It's not really at a known resistance either. Perhaps best to wait and see where Dow closes - if that also has a shooting star then I'd be concerned. Looks unlikely now though.

FTSE candle could be a bear trap.

I might be biased though as I took a quick long into the close and will add if I can anywhere near 6412 breakout point tomorrow. Still a couple of final waves up to come into May for me before a larger correction.

Get your shorts out if you dare boys, not long to wait now!

Safe target would be 6106/7

F4T

uk.advfn.com/p.php?pid=chartscreenshotsh...qoHx&symbol=FT%5EUKX

FTSE 1HR

Early morning yesterday posted on chat

dl.dropbox.com/u/40497882/ftse15Mar.JPG

full version EOD updated this morning:

dl.dropbox.com/u/40497882/ftse1hr_15Mar.JPG