MozzaB

MozzaB

The FTSE 100 is beginning to rise towards the top of a multidiagonal pattern again. It looks to me like this is setting up for a short, but beware that the FTSE has been difficult of late to chart accurately.

MozzaB

It' hard to give a sense of direction here coming up to this inflection point, but with negative Trump news breaking on ObamaCare and Travel Restrictions, I would perhaps have a natural short bias here at these strongly bid up levels.

MozzaB

I can see a move into the 6-8p range here on the break of the bull flag. Be aware that this is a low free float stock and is listed on AIM and NEX.

MozzaB

I can see an upside move coming (roughly coinciding with the U.S. cash market opening of equities.

MozzaB

I like this trade as it looks like Darwin are moving out of the stock, which should provide a catalyst for a move upwards. The technical benefit of the multidiagonal confluence suggest this could go on a good run upwards in the coming days.

MozzaB

There's a smaller multidiagonal confluence down here and as it combines with a strong rising support zone it looks to me like it has the potential to be a good short term trade.

MozzaB

This buy confluence could well break early, but so far the price action suggests that a good bull run could occur here.

MozzaB

There's a multidiagonal target on Cable (GBP/USD) at just below the 1.30 level that looks like it could be met. At the moment it looks like it will probably get there via a short squeeze on GBP shorts rather than necessarily momentum, but we'll see...

MozzaB

There's a nice buy confluence on the chart pointing towards a move in late March here. I think there's a chance it could break early though, as there are a lot of other companies with confluences in early/mid march and this could be dragged up accordingly.

MozzaB

After the break of the higher multidiagonal, it looks like we could be due a trip to the lower diagonal at ~2.75p

MozzaB

I like the way this stock has been in the doldrums for a while, as it means the move up in late February at the long confluence could be explosive.

MozzaB

This has been in a down trend for a very significant length of time, but it's beginning to look like a good long trade could be made in early March on a multidiagonal confluence.

MozzaB

A long term multidiagonal confluence occurred here just after the new yea. While there hasn't been a significant shift to the upside since then, I like the recent update and the positive oil price environment. These factors combined suggest to me that we could be due a good rise here.

MozzaB

I like the multidiagonal confluence here at these levels and can see a big rerate upwards.

MozzaB

Multidiagonal confluence setup here for a long trade around March. Slightly difficult to chart this one, so there could be an early breakout, but i would still hold for March personally.

MozzaB

A buy confluence n the multidiagonal trend lines is currently forming around late June Early July for VOG

MozzaB

Uk gilts look like a short here on the break of multidiagonal support. There's a confluence somewhere between April to August so i would be expecting a drop to around the 11.50-12.00 level on a longer term basis.

MozzaB

A short set up is nicely appearing here at this long term multidiagonal. Expect a big move downward here. Also, this corroborates with my short views on the FTSE, as HSBC amounts for (currently) 7.3% of thw weighting of the FTSE 100.