Traderboersenboard - Einzelnen Beitrag anzeigen - bullen und bären im Dailytalk bei TBB 2006

Benjamin · 18-09-2006, 15:13

FTSE DAILY, September 18 2006
Quelle: http://www.mclarenreport.com.au/yvs5...ult.asp?id=824

The FTSE has developed the pattern I drew last week on the chart. It has rallied three days and not moved above the swing high. This leaves this vulnerable to a run down to one of the previous lows, even the July low. But it must go to a new low within two days or it probably isn’t going down. This was a weak trend up and weak trends are usually followed by fast trends so there is reason for caution if you’re on the long side.

If this doesn’t break the low and Monday turns into a higher low that can set up a rally into the end of October to Nov 4th but first it needs to hold.
And because of the weak nature of this three month rally one needs to be very cautious if the next two days are down and move below the last swing low there could be a fast trend down .

If a higher low develops now and there is no evidence of that yet. But if it occurs and Monday proves to be an important low this will lock in, in “time” vibrations on September 29 and October 17 and a completion of the move by November 4th. That would be the bullish scenario from this point if this develops a higher low.

But for now this is a weak trend up and there may be a lower high developing and if a valid lower high there will be at a new swing low by Tuesday and a fast trend down.

18-09-2006, 15:13	#1630
Benjamin TBB Family Registriert seit: Mar 2004 Beiträge: 10.373	FTSE DAILY, September 18 2006 Quelle: http://www.mclarenreport.com.au/yvs5...ult.asp?id=824 The FTSE has developed the pattern I drew last week on the chart. It has rallied three days and not moved above the swing high. This leaves this vulnerable to a run down to one of the previous lows, even the July low. But it must go to a new low within two days or it probably isn’t going down. This was a weak trend up and weak trends are usually followed by fast trends so there is reason for caution if you’re on the long side. If this doesn’t break the low and Monday turns into a higher low that can set up a rally into the end of October to Nov 4th but first it needs to hold. And because of the weak nature of this three month rally one needs to be very cautious if the next two days are down and move below the last swing low there could be a fast trend down . If a higher low develops now and there is no evidence of that yet. But if it occurs and Monday proves to be an important low this will lock in, in “time” vibrations on September 29 and October 17 and a completion of the move by November 4th. That would be the bullish scenario from this point if this develops a higher low. But for now this is a weak trend up and there may be a lower high developing and if a valid lower high there will be at a new swing low by Tuesday and a fast trend down.