FTSE

banked some profit now let the rest ride with stop protect positions.

dl.dropboxusercontent.com/u/40497882/ftse%20position.JPG

dl.dropboxusercontent.com/u/40497882/FTSE100_25April13_2hr.JPG

WaveSurfer wrote: Thanks RC - im short now as of this morning pumpo... will pop chart later.

www.dropbox.com/s/yga9q3jkmjhh58i/FTSE%2015m%2025.4.2013.gif






Is a 123 scenario developing on the 15m chart ?????



DYOR .....

screencast.com/t/PQO0d3H2j

WS/J/R or anyone else with a expertise in indices. That would appear to be an iH&S formation on the FTSE with a target around 6700. Does that make any sense with respect to your other forms of measurement e.g. EWT, P&F etc?

Fats

yes it does. i'm doing some work on this, when ready i will post, i mentioned a few days back about an alt count i have...

should the us market make new high Spx/naz/ndx has so far, dow has not on closing basis- so need to some confirmation before the alt count is active.

as from our discussion on chat... its buy the dips market afterall

perhaps it may be sell in June instead of sell in May this time round ?

+div setting up - divergence will be confirmed on a break above and hold @ ~6456

until that break the divergence can fail.

-Div on ftse this morning and that confirmed on the break of ~6476 ( the start of price and RSI diverging)

dl.dropboxusercontent.com/u/40497882/fts...ri_15_pos%20_div.JPG

must always get divergence to confirm - perfect example of failure here on the potential +div here. although held a key level.. i'm sure 6412's been mentioned several times previously... in any case remo's 1st 1hr system would have worked a treat and -div confirmation to boot ......

WaveSurfer wrote: +div setting up - divergence will be confirmed on a break above and hold @ ~6456

until that break the divergence can fail.

-Div on ftse this morning and that confirmed on the break of ~6476 ( the start of price and RSI diverging)

dl.dropboxusercontent.com/u/40497882/fts...ri_15_pos%20_div.JPG