FTSE hit a 12 week high of 5956 today (Monday 20 Feb). The Bulls will be looking to hit 6000. ABC move from August low hit the target 5950 with an equivalent 18% rise giving 5988. Greece "saved" again may be the trigger for the Bears to start the 5% move down from 5950-6000 to 5650 by March
S&P500 at 1361 is looking like it will test the 2011 high at 1370 on Tuesday 21 Feb. Many market analysis comments see 1363-1370 as the upside limit. So I'd look to see a move to this level or a bit higher around 1380, before the next move south to 1300
S&P500 at 1361 is looking like it will test the 2011 high at 1370 on Tuesday 21 Feb. Many market analysis comments see 1363-1370 as the upside limit. So I'd look to see a move to this level or a bit higher around 1380, before the next move south to 1300
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