PHOTONSTAR LED GROUP PLC ORD 0.01P, VAST RESOURCES PLC ORD 0.1P, LLOYDS BANKING GROUP PLC ORD 10P, HAYDALE GRAPHENE INDUSTRIES PLC ORD 2P, UNION JACK OIL PLC ORD 0.025P, BARCLAYS PLC ORD 25P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
After a failed attempt at breaking through its resistance, this one's poised to drop back into the channel - as supported by the Stochastic and MACD.
Here we have another Wolfe wave (been a few cropping up lately) with a price projection of 377, a 15% increase from current levels. Personally I will be looking for an entry @ 225 with stops below recent low, alternatively waiting for a break with a close from falling wedge would be another point of entry.
descending channel 50,200 average are bearish hoping for a lower low lower close candle today. ride the trend down and move stop accordingly rsi below 50