short sqeeze...could this close the gap?

[#1]

gotta get through 5450 on Ftse

[#2]

we pushed through.....but can it be sustained....was a quick 100 pts in any case

[saash]

When do they release the mining stats?

[Ameesh]

Still got about 100 + a bit to go :) FTSE looking a bit confused though.

[saash]

What you think direction to be from here?

[#6]

I think we will close the gap....26570 now......I think we are about to go another leg up....

[#7]

neeeded to wait for jobless claims...

[saash]

Ok ? This is interesting.

[john_1]

Chartist, my 2c for the gap to fully close it would mean a break in the long term down trend. Possible sure but since the closing price was driven by a handful of shorts running for cover I see this as an unlikley . It has reached its first objective and that is the price at the close of the cash market 26625. Lets see what happens from here.

[#10]

yes Saash...thats why it is absolutely vital that one be cognizant of the market moving data

[saash]

A change in direction would mean one hell of a retracement.

[#12]

What charting software/website are you using to see this?

[kwagga]

http://www.it-finance.com/index.phtml (IT Charts Light). Some use this. I'd also like to know what else is available on the market.