13 Nov DOW & FTSE Short Term Levels Worth Watching
Will be interesting to see if this FTSE trend line can regain itself as support:
…..And Whether this DOW hourly trend line will act as resistance:
If it doesn’t, there is always this more important one to watch:
Not forgetting that the 2007 equivalent trend line previously discussed, had a marginal 2nd attempt before the crash of 2008:
If price simply ignores these levels and carries on rallying, then I guess we’ll have to look a the real possibilities of Indices re-visiting 2011 highs.