Cheers Booma,
Adrian32,
Heres QBE Not a pretty chart this is the weekly the long term chart since the dead cross on the 200d ma its all down hill with the 50d 30d Blue & Yellow are about to cross so more downside to come unless there is a signifinate bounce now at the Blue Arrow. imo..
By the looks of the daily candles these a 50/50 chance you may get a bounce here but it would need to be back up to at least the 50% Fib 19.50 more like 21.00 mark to stave off the MA's on the weekly chart otherwise in time the Black and Red Arrows will come into play.imo
Mind you this is with out knowing any FA about the Co.
I could be wrong.
Cheers Pete..
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