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11th April 2018
Quote from
Nick on 11th April 2018, 8:30 am
Nearing some key resistance levels now
Todays post here
Nearing some key resistance levels now
Todays post here
Quote from
Nick on 11th April 2018, 10:14 am
This is the free forum for the website. If you want more engaging discussion with a very active trading community, please consider joining here
This is the free forum for the website. If you want more engaging discussion with a very active trading community, please consider joining here
Quote from
Mcgcapital on 11th April 2018, 12:07 pm
https://amp.ft.com/content/9f231f72-3c1c-11e8-b9f9-de94fa33a81e?__twitter_impression=true
https://mobile.twitter.com/jessefelder/status/983821494122926080/photo/1
Citigroup economic surprise index turning negative.. this usually precedes periods of weak growth. I suspect a recession is coming next year.
My long term FTSE target is in the 4000s.. expecting it to hold under the 200 dma is which is now in the 7300s
https://amp.ft.com/content/9f231f72-3c1c-11e8-b9f9-de94fa33a81e?__twitter_impression=true
https://mobile.twitter.com/jessefelder/status/983821494122926080/photo/1
Citigroup economic surprise index turning negative.. this usually precedes periods of weak growth. I suspect a recession is coming next year.
My long term FTSE target is in the 4000s.. expecting it to hold under the 200 dma is which is now in the 7300s
Quote from
Nick on 11th April 2018, 2:34 pm
Thanks MCGCapital. 7300 is the short term resistance, though might manage 7330/7350?
Thanks MCGCapital. 7300 is the short term resistance, though might manage 7330/7350?
Quote from Nick on 11th April 2018, 2:34 pm
Thanks MCGCapital. 7300 is the short term resistance, though might manage 7330/7350?
Yeah 7300 is the obvious pivot.. but it’s looking a bit wedgy so thinking maybe 7270s holds it.. break this mornings low to confirm a high is in. Big divergence with the US indices here
Quote from Nick on 11th April 2018, 2:34 pm
Thanks MCGCapital. 7300 is the short term resistance, though might manage 7330/7350?
Yeah 7300 is the obvious pivot.. but it’s looking a bit wedgy so thinking maybe 7270s holds it.. break this mornings low to confirm a high is in. Big divergence with the US indices here
Quote from
Nick on 11th April 2018, 4:31 pm
Or, sucker in the shorts at 7300, then pop it higher to trigger the stops before the leg down #cynic
Or, sucker in the shorts at 7300, then pop it higher to trigger the stops before the leg down #cynic
