Chariot Share Discussion Threads

[andonis] 09/10/2011 10:30

14shares ,...it is not clear to me that it will reach as high as 5500 but we will see. I make the following out of it. Monday -Tuesday will be clear if this is a top. Monday could open high and fall, or continue later for Tuesday. Following this expected high, or not if the top was Friday, then I expect on the 19th October the markets to decline but to stay above 10400, perhaps down to 11k. From the 19th October up again to the 25th October, give and take a couple days. I do not think this high (19th oct.) will be as high as last fridays. but it could match it. After the 25th october high I expect a lower low on the 2-4th November. this one should go lower than 10300. AFTER 29th November the markets should rise to year end.... thats my plan.

[14shares] 09/10/2011 10:25

You should get a bounce at 4600,ive seen this from years ago,that is if we fall below the 5000 level for a second time,,the real test is if we close below it,,to be honest i hope we dont..I would like the old xmas rally back..

[andonis] 08/10/2011 15:35

yes 14share. You right. nav had on many occations posted charts on CHAR. I did say this share looks like it will come down. 100p is likel a bounce and then lower.I would start buying from 50p

[14shares] 08/10/2011 14:44

OK thanks Andonis,as for char it failed to break 150p twice and i feel if no news this could hit 87pish and then rise between 20-30%,,if you look at the charts,this is in a downward trend,and following a pattern,,BOL ..

[andonis] 08/10/2011 14:41

I expect a bounce at this level from CHAR

[andonis] 08/10/2011 14:39

14 shares, his is not a company CHAR site. There is a sister one so yes you are in the wrong thread.

[14shares] 08/10/2011 11:46

Navyan, the ftse has nearly broken the 5000 level one more dip like that and we could see 4600,,very close in my view.

[14shares] 08/10/2011 11:45

Came on here to look at some char - charts and not one in the header?? Errr is this a char BB or every other stock in the world? You could at least put Char - chart in the top corner,for what its worth i think these could get punished in my view...

[navyan] 08/10/2011 11:20

r88ave, my answer to your question is I dont know.

I just interpret what the chart is telling me, nothing more.

[r88ave] 08/10/2011 07:58

Navyan

Noted your charts however do they take into consideration for BofE latest QE, did the FT100 rise with the last batch QE until end of 2009? My view is if UK is starting again then potentially US QE is going to come imo.

Despite all negative news around I have the feeling that the latest rise in the market is based on bets of further QE in US

[navyan] 08/10/2011 01:02

as to the bigger picture, FTSE has entered correction phase, means ABC counter trend correction to the upside before more severe sell off begin.

this is FTSE 4hrs chart, so you have an idea of where the general market might be heading to in the next few weeks.



--------------------

FTSE Weekly chart, big Head & Shoulder is forming?



Use this correction to offload your stocks!

[andonis] 06/10/2011 20:54

ftse price now 5312

[andonis] 06/10/2011 20:50

rising to the 10th October as posted here yesterday I think

[r88ave] 06/10/2011 19:40

r1 on dow for today was 11057 lets if it holds
ft, dow and spx are showing very bullish turnaround on weekly candlestick charts

[andonis] 06/10/2011 19:20

5300 is right here so its academic surely it has ...

[r88ave] 06/10/2011 17:31

Andonis

do you reckon with B of E announcment of further QE today and futures are currently above 5300 that your above chart has been broken out?

[andonis] 06/10/2011 06:25

andonis - 8 Aug'11 - 11:14 - 6054 of 6295 edit

oil to fall...