On the FTSE 100 or UK100 There is an exciting formation that I have been following for a month now.
This could start some serious selling ... lets see how it goes (I seriously hope this isn't the case but hey ho...)
My analysis is based on a stuck in the box type formation which has taken place on a D1 chart. With many attempts to breakout it has found a very strong resistance, we have had a false downturn take place today with a retest to the top. What i think is going to happen here is it may even retest and break this key level, but with NZD news coming which is...