The "Appearance" Agenda

ftse reasons to be bearish. maybe not "the" top, but it definitely looks like the bull case is due a rest about now.

1. indicators rolling over. this move up once the downtrend broke always felt corrective to me, rather than impulsive. momentum indicator seems to bear that out.


2. 1-2-3 reversal pattern setup. slow stoch turning down from overbought. average true range is shrinking, this is usual before big moves.


1-2-3 reversal definition here:


3. 60min trend break