crude just looks fierce to me and not ready to rush, just stead and healthy.. but need to see more obviously.. funny you should mention ftse.. that same thing went over here last hour, initiated by oils first, then vod followed, then the whole lot went for it and who knows what.. (starting to follow this HSI comparison thing, Dow more like it but Nas managed to do similar at the end)..
Wild guess 4809 test coming and closing out somewhere around 4820 for the year.. Dow holding that base beginning to sort look like a bull flag (all depending on that 10800 on futures of course and downtrend line going forward).. But here's the other side of the coin, looking at some previous scenario I keep ignoring suggestion of first trading week of January as a beginning of a market sell off and lasting around 2 weeks.. don't know how that places into other people's models, fibs, stocks, currencies, indices.. Then again, I can't see it on at least for a few sectors here, so very mixed picture on broader market weakness from my side.. in short, clueless.
Anyway, can anyone help me with this.. doesn't need to be a particular target.. can anyone derive from technical picture why JRVS hit that high today and reversed?