FTSE: Wave 3 in process, possible Head and Shoulder (or Cup and Handle) bearish break down. Possbile targer for FTSE is 4257 while curreent price is 5062. This is further to previous analysis on FTSE & DAX .
FTSE Chart:
DAX:
Further to previous analysis done on DAX see wave3 in action in DAX with target of 5030 (current price of DAX 5829).
These studies are based on technical analysis and the author nor the webpage shall be responsible for the profits or losses. The author may or may not have personal holding. We are all students
1 comment:
@forex cat: thanks, really appreciate. I am off bloggin for a while due to exams. Will rejoin after the 5th June 2010. :)
Thanks
Vivek
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