Secrets of day Trading Methods

Tuesday, February 8, 2011

Mark Austin FTSE Trading Update - 8 Feb 2011

Good morning

The FTSE has met our target at 6055 and futures are currently resting close to this level. We now look for wave 2 down but we need confirmation. I am counting the current move up as a 5th wave of 1. Its possible we could get an extension of the 5th but no further than 6100.

1 comment:

  1. so what if touches 6100? then 6200?

    You never give analysis of long term weekly/monthly moves.. no charts, not fundamentals.. just Elliott waves .. how far this take you?

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