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Daily chart of the FTSE

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I have had this chart drawn up for some time now. And think we are heading for some intresting time ahead, Here you will see the channel we are in, target and the resistance we face not to far away. The target also has three indicator ( if you may ) getting together at one point ( red trend line and the top of the channel green line, There is one more that i did not enter and thats the ANDREWS FORK which also has a top trend line to the target, use it don,t use it IMO ............ http://www.chartupload.com/viewer.php?file=rx7cutyhc53gviyrttm8.jpeg
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3 REPLIES 3
jack12
Super Contributor
Thanks Hennie, very interesting info
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Not applicable
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HiSo
Frequent Contributor
Small head and shoulders developing on FTSE 5 minute chart. Neckline at about 5230 odd and a target or around 5190. Could also see a close of yesterday morning's gap if momentum continues.
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