after yesterday's failure of the ftse to breakout, i cant help thinking that the recent 4825 high is going to be more significant than it first appears.
cant quite put my finger on it TA wise, but the move up since we broken that downtrend at 4760 certainly felt like it was being dragged up there against it's will rather than the relentless grind higher from the buy bots that we've seen before.
look how easily the ftse is falling today too. think that 4825 couldve been a significant top. we already had a break of the daily uptrend and retest of the high. the good old 1-2-3 reversal setup.
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