FTSE Triple Top? versus "This is a bull market you know!"

[HarryHindsight]

Hi,

Doing a quick roundup of the daily charts - the one that caught my eye was FTSE futures

6800 ... genuine resistance or just a temporary road block?

 

[murray t turtle]

Its a bull market you know;
its also a very old, very extended.bull market . It may get more extended
That's NOT a prediction

 

[Money Trust]

It also appears to be forming a wedge and from my experience, the upward sloping wedge usually precedes a sharp drop.

 

[HarryHindsight]

Well fair enough - 6800 hasn't been smashed yet and the FTSE is in pretty bad shape.
We're all rich!

 

[murray t turtle]

In pretty bad shape??;
i'll take your word for that.It may in better shape than [a ]AIG, BAC[c] C, which is really a penny stock @45.00 , [actually $4.50]cause they reverse split it 10 times.LOL, but true