FTSE 100 - March

[barjon]

coming up against that troublesome resistance @ 75 again

 

[bonsai]

beyond that the road ahead has pot holes (gaps) all the way up to 398.

 

[barjon]

and my poor old car's got weak shock absorbers

 

[bonsai]

but if you got in on the 1hr break, you will be able to buy another (new) old car ?

 

[barjon]

been in and out for nowt, then in again and it'll have to take
care of itself for a bit while i go out - might get a dinky car out
of it

 

[jonnyy40]

Everyone's out now?

 

[bonsai]

jonnyy

it depends on your trading style ?

with fib at 98, its a fair bet that it will try it at some stage ?
profit is reasonably secure, so why not run it ?

(I cant count five yet from fridays correction)

 

[Hooya]

I bet you can now???

I get the feeling its low volume today? Can anyone confirm that

 

[bonsai]

lol

even if its not a 5, target achieved.

 

[Hooya]

find it very odd waiting for the US to open at 3:30..

 

[bonsai]

closed now at 410

time for a T&G

 

[bonsai]

?xfg!hkp£ !

its now at 420/24 !

ah well .......

 

[Hooya]

T & G's LOL

 

[bonsai]

where do you want to go today ?

as we shot through the fib at 98 , why not try and consolidate above the line ?

next fib up is at 4462
and break line is at 4380

I have overbought reading at the moment so we may need to work that out of the system ?

 

[Hooya]

its sticking close to it's up trend...thinking it looks like it needs a further pull back?. I like the pivot especially as its near yesterdays break out at 90ish. But at the moment its still moving up but Im not a buy here

 

[barjon]

next fib 4462? what happened to 4429 (fib50), which is pretty
co-incident with mid-point of earlier long down candle (assuming
resistance from the last long down @ 418 goes which might hold
things up)

 

[bonsai]

good point barjon

and as it got hit(ish) in after hours, very good chance of seeing it today ?

 

[barjon]

does after hours constitute a real hit, or is it just a flight of fancy?

 

[bonsai]

I think that question is asymmetrical.

lol

 

[Finirama]

Here is the chart with fibs on the move down