Πέμπτη, Μαΐου 03, 2007

FTSE-20 60 MINUTES CHART update-Athens Index



This morning nealry at the top of the day when a coming down correction reported.

Soon after market started dropping from 2560 to 2534.

In the chart after the close an important trending line with pink color has been drawn.

Break of that line at 2545 point almost will show the end of pink V wave,which can before be extended till 2510/18.

After that the main point for make or break will be 2571 and 2580 as well .

An other wave then down expected to end the correction and the fifth wave bleu to start for higher targets.
Dimigon

Press hourly chart to enlarge

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