FTSE notes
- Gann angles (1pt calendar day) from Oct 07 top and Oct 08 low picking up tops and bottoms regularly and indicating the junction of the 1 x 1 down and the 4 x 1 up could be giving us another big turn on the FTSE100.
- 3rd leg up possibly terminating at 50% of second range.
Big mid-April turns: 144mths ago (Apr 1998) turn top, 10 yrs ago turn bottom.
- Half 144mths brings the FTSE100 to mid April turn top in 2004. Half 10yr cycle gives a turn bottom in late April 2005.
- 1008 calendar days or 144weeks from the big July 2007 top.
A mate of mine dropped this on my email last night, and happy to share here, as its ok with him, will bring charts in when have more time.
Clever man I say
Regards
Rob
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