http://stockcharts.com/freecharts/pnf.p ... PWUBDANCBO[PA][D][F1!3!60!!2!20]
The P & F 60 box size chart has reversed into a new up column. The last down colmn did not break below the previous one. maintains a bullish price objective.
OC
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FTSE100: Reaction to Trump
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- Lemon Pip
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- Lemon Quarter
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Welcome to Lemon Fool!
oldcharlie wrote:Hope this one works
Sorry, it didn't. Here's the working one.
http://stockcharts.com/freecharts/pnf.p ... 0!!2!20%5D
Glad you made it over here. I've posted an explanation of how you can post your links. If you ask stooz or Clariman they can turn it into a 'Sticky Post' so it's always at the top of the board's index page for easy reference. They can also make it a Closed thread so it doesn't get cluttered with lots or replies.
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- Lemon Quarter
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Re: FTSE100: Reaction to Trump
Amazing volatility yesterday, quite the wild-ride.
It's going to be interesting to see how Europe opens today since their performance yesterday was modest compared to what Asia has put on so far today. At the mo - Nikkei +6.7% intra-day. HK +2.1% Asia-Dow +3.2%
The FXEmpire view for the FTSE today sums up as - market climate is 'extraordinarily bullish'. Expect 7000 to be 'somewhat resistive'. Once through that market will head on [in time] to a new high.
We'll see!
[Was surprised to see IG Index didn't post their daily 'Levels to watch' TA yesterday, of all days. Not even a one line 'Sorry out systems are down'. Whereas articles on other topics appeared same as usual... hmmm].
It's going to be interesting to see how Europe opens today since their performance yesterday was modest compared to what Asia has put on so far today. At the mo - Nikkei +6.7% intra-day. HK +2.1% Asia-Dow +3.2%
The FXEmpire view for the FTSE today sums up as - market climate is 'extraordinarily bullish'. Expect 7000 to be 'somewhat resistive'. Once through that market will head on [in time] to a new high.
We'll see!
[Was surprised to see IG Index didn't post their daily 'Levels to watch' TA yesterday, of all days. Not even a one line 'Sorry out systems are down'. Whereas articles on other topics appeared same as usual... hmmm].
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- The full Lemon
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Re: FTSE100: Reaction to Trump
OC, so pleased to see your charts up and running again. This place really is beginning to feel like home
PS - I don't post much on TA these days, but I do check what's going on to keep in touch.
PS - I don't post much on TA these days, but I do check what's going on to keep in touch.
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- Lemon Quarter
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Re: FTSE100: Reaction to Trump
Over on the Dow/DJIA things are interesting. It's approaching a new all-time high.
'The Dow Jones Industrial Average DJIA, +1.40% rallied 280 points, or 1.5%, to 18,612 on Wednesday, to trade within a hair's breadth of its all-time record of 18,636.05 set in August.' [Article from 8pm EST last night, ie post-close the NYSE, and pre-open there today]
http://www.marketwatch.com/story/dow-tr ... 2016-11-09
DJIA index futures are currently at 18,720! [source IGIndex live prices] I reckon the FTSE could be gunning away too, if not for the back-ground worry re: BREXIT.
'The Dow Jones Industrial Average DJIA, +1.40% rallied 280 points, or 1.5%, to 18,612 on Wednesday, to trade within a hair's breadth of its all-time record of 18,636.05 set in August.' [Article from 8pm EST last night, ie post-close the NYSE, and pre-open there today]
http://www.marketwatch.com/story/dow-tr ... 2016-11-09
DJIA index futures are currently at 18,720! [source IGIndex live prices] I reckon the FTSE could be gunning away too, if not for the back-ground worry re: BREXIT.
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- Lemon Pip
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Re: FTSE100: Reaction to Trump
http://uk.advfn.com/p.php?pid=chartscre ... l=FT%5EUKX
This chart works! To my eye it looks very much like an extended topping pattern with H & S characteristics.
OC
This chart works! To my eye it looks very much like an extended topping pattern with H & S characteristics.
OC
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- Lemon Quarter
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Re: FTSE100: Reaction to Trump
Curious week. The Dow last night hit a new intraday high [18873.66] and closing levels [18807.88] despite which London seems to be in mourning.
IG noted just one level today on the FTSE; a closed-hourly candle below 6798 = expect more bearishness. The index pierced that at c9am continued falling and hence closed it's hourly candle below it by 10am. I realise they're nervy times and the market often de-risks on Friday, but what a crap start to the day and week more generally.
Seems curious that Wall Street appears to have broken out of it's nervy uncertainty, yet we haven't. I expect analysts will switch the imagined fear from the US election back towards BREXIT. Or about Italy's referendum on 4th-Dec, that is suggested will become a proxy for a possible ITEXIT vote, or? It just goes on and on.
London seems to have got it itself into something of a funk right now! Let's guess, Wall Street rallies right into Friday's close?
IG noted just one level today on the FTSE; a closed-hourly candle below 6798 = expect more bearishness. The index pierced that at c9am continued falling and hence closed it's hourly candle below it by 10am. I realise they're nervy times and the market often de-risks on Friday, but what a crap start to the day and week more generally.
Seems curious that Wall Street appears to have broken out of it's nervy uncertainty, yet we haven't. I expect analysts will switch the imagined fear from the US election back towards BREXIT. Or about Italy's referendum on 4th-Dec, that is suggested will become a proxy for a possible ITEXIT vote, or? It just goes on and on.
London seems to have got it itself into something of a funk right now! Let's guess, Wall Street rallies right into Friday's close?
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