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Ftse 6800 the bull sandline which the bears must
keep under and close under would be best.A rare day with the bears owning the close.
Onwards we go with many wondering are stocks taking a
breather or are they about to stall.
Lets find out.Never give up, never surrender.
Politics, a dirty game.
Euroland a major player on the worlds stage ?
Let’s see them step up today and deliver real sanctions as a
way to support Ukraine.No comments from the USA please as your flying again, into a
middle east war zone, having buckled under pressure.Never give up, never surrender.
I want Russia to impose sanctions on America and Europe.
Demand payment for oil and gas in any currency but dollars, and interfering America will have shot itself in the foot. Petrodollar is absolutely utterly crucial to them.
Merkel might be secretly smiling if that happened. That’s assuming he accepted euros…..
Ftse levels to watch and why.
6900 (max) top of flat wedge and a break opens 7000 7100 7200
6500 is a support zone and possible downward lower wedge line
so a possible bounce point back to test 6900 etc.
6000 the origin of the move to 6900 and a possible bounce
point back to test 6900 and most likely break upwards.
Below 6000 you can pick anything down to 3500 as it will
be a crash baby.Never give up, never surrender.
Look at a Ftse chart and you will see there is an issue
that is marked by wednesday hod and today’s lod(atm).If the bulls breakup they get another wave to test the
top line of the wedge at 6900(max).
If the bears breakdown then it’s more likely we do a
test of 6500.
In this trickster market we have to see a proper
break and not just a few pts, imho.Never give up, never surrender.
A sign that stocks are on borrowed time is that eur:usd and gbp:usd
are losing ground. It may suit uk and europe to have a lower rate
vs the greenback but the reason this takes place now may have
more to do with safe havens in troubled times, imho.Never give up, never surrender.
I am sure someone somewhere had Nas 4000 and s&p in 1990’s
Overall today and tomorrow, with maybe monday latest we
get our answer re Ftse pattern / wave count.New moon on saturday 26th so with the usual +/- 2 days
it could be a cit, maybe an important one.Atm still holding the small Ftse short.
Never give up, never surrender.
I watch oscar carboni most weeks, he makes me laugh but
does have a simple and often refreshing take on things.He does not use Delta so my interest only goes so far.
On youtube have a listen to Jeffrey Tennant who has
a book and software called mejtFor standout free fundamental analysis search for a
website called solarcycles run by John HampsonNever give up, never surrender.
I have added enough to my Ftse short to give me a 6800 average.
It may be a day or two too soon.
Trail the stop as per usual.
Never give up, never surrender.
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