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Proper stuck up innit.

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Good evening K

Thanks for your thoughts

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Quiet on here, everybody immigrated??

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Prolly rally another 30 handles on Monday then, lol

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However, FTSE doesn’t appear to want to join the US party

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Current action suggest the initial up spike does count. Trend up now for a while.

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yes normally 3 waves, however, the first spike was up not down but it was only a small one, 4-5 handles. Not sure if it counts in the 3 waves

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cimac wrote:

Ftse at 6565 which is the first real test point and
it has taken a lot of bull to get there, imho.

Yep, it also lines up with SPX 1770 which is circa 61.8 retrace of the drop 4 days ago.

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My guess is that it has a MINIMUM of another 30 handles to fall before c of A is complete.

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Vrost, Yes I suspect we are now in c of A, B up to come at some point then the big one, C down, get yer hard hat ready.

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Thanks for that hog, nothing really surprising there but good to read for confirmation of one’s own thoughts. i posted on here two or three weeks ago that a huge decline was about to start – and it has.

We are only in wave A yet – wait until wave C gets going !! Hope you’ve all got hard hats at the ready. 🙂

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Gordon, I was referring to the sell-off from just before 8pm to close. The daily cash RTH  rallied about 21 handles from low but then sold off half of it at the end. Not good, it needed to hang on to at least most of the gains. Could be a weak WNER Monday or even another drop. Than again, wtf do I know. 🙂

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This sell-off isn’t a good sign for early next week

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S&P is gonna fill the gap, lol, amazing !!

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It’s not Dan it’s Rupert 🙂

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