FTSE - So where is the support

A few thoughts from an outside observer:-

1) Might well look different in 2 weeks but alot can happen in two weeks.

2) Forget what would have happened on a "normal day"...analysts are paid to see what should would or could have happened but traders aren't. they get paid for doing what "is" happening.

3)Negative divergences are good as early warning but are no use until it turns down . Negative divergences (especially on RSI) often last a lot longer than the signals with the trend thus you risk losing more by adding into divergences than you could make when it does eventually turn. Expensive way to trade.

4)so what if it's on low volume it's still moving up....trade what you see and all that.