This will be my views of FTSE Index (Aug 2018)
Please make sure to read the "update" comment as there will be changes along the way.
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities ...
Currently is in Bullish Engulfing Candle.
Likely it will go higher for a time being but I want to warn you is that, upside may be limited.
It can swing up to 7540 as a retest but going is higher is unlikely.
It is early to call for short but I am seeing it will be more and more of Bearish signs to show up.
This analysis not ...
*EUR is pumped by dragi and Bulls stil hold the power.*
*However, it is now in the long held support zones since August 2015.*
*A SR Elliott Wave 3 is now starting and lets see what happens.*
*Clear breakout of 1.1700 and 1.1710 would be strengthen the bulls more. *
*Alternatively, the strong US data coming out next week would be a good reason for the market to ...