4500 is what folks talk about but no matter what I do i keep coming up with 4475 to be broke. Close today was 4532 so thats 57 - I reckon that could easily break down if a miracle does happen tonight
Next level is only 3.5 % belwo at 4316 but problem with that level is that its below the 200 ema. So if we aint in more than a correct and we are not into a new bear market then market has to rally by midday on Tuesday ! Thats an order !.
Funny how it sometimes helps crystalise things by posting.
Strategy for me: if FTSE and DJIA are down tonight (looks that way) then wait to see what happens monday night. If up then buy on Tuesday. If FTSE and DJIA up tonight then buy on monday with caution
friday fifth february, page-92
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