FTSE has been all over the place but has now broken below its recent channel and the longer term upwards trendline. If correct the recent up/down series was a flat and the current fall could be minor wave 3 blue which would take FTSE down to the 7000 area.
Hi
Watch the DEU30, it looks like it could make a new all - time high soon.
Bullish Percent Index for SPX continues to be bullish and implies several more weeks of a rally for US stocks.
Mark
Geofftv1
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@markrivest, Thanks for comments, FTSE often leads the decline.
I have given up trying to find the top in US stocks but am watching keenly for a short entry
at some time!!
Watch the DEU30, it looks like it could make a new all - time high soon.
Bullish Percent Index for SPX continues to be bullish and implies several more weeks of a rally for US stocks.
Mark