Re: Hott-28 Mar 2017 21:08
Just compared a couple of 2 min. candlesticks on IG & City ~~~ atm. they are within 0.1 pt. of each other from high to low & close .
The 1 min. ( which i use ) is again about 0.1 pt of each other ~~~ those high, low and close figures are what i mentioned before and at times , especially during Futures trading , can have a few pts. diference. At the moment they are very very close / similar as we should expect them to be !!
I get your drift with Mr.Mahony & his Ftse100 analysis ~~
However he is saying that the 7354 level must be breached on an hourly closing basis for the uptrend to look more bullish .
It is over the hour above that level , i notice , BUT it is on the Futures and i'm not sure whether his analysis covers In Hours trading only or Futures as well ??
Just In Hours trading , i suspect , so any gap fill tomorrow is initially down to the 7431 closing level .
I don't trade the Ftse100 much tho' , only very occasionally as there's not enough movement compared with the Dow & Dax .
Have no idea how many customers City Index have , sorry !!
GL sir ~~~