Its clear from here that a major wave pattern is near completion and the FTSE is preparing for a major decline. This also ties in with high bullish sentiment which often reaches an extreme near tops. I'm sure you have all heard the saying..........when your local dentist starts recommending shares to buy its time to exit! I am looking at the FTSE topping over the next few months and I will be going into this in depth at the forthcoming webinar due to be held on the 15th January. More on this shortly.
One final point - This is the first trading day of a new year and month and these tend to be bullish with funds investing.
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Tuesday, January 4, 2011
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