Where are the stock markets going now : FTSE has just opened at Wednesday's close and here the 34 MA is very high up and could be crossed tomorrow so I think the UK is in another situation, still very weak. However the 2 chart shows clearly five waves on downside - just look at the 8 MA and you will see them - so a correction could come later today or tomorrow.

06/06/2013

FTSE has just opened at Wednesday's close and here the 34 MA is very high up and could be crossed tomorrow so I think the UK is in another situation, still very weak. However the 2 chart shows clearly five waves on downside - just look at the 8 MA and you will see them - so a correction could come later today or tomorrow.

FTSE day 08:17

FTSE 2 hr 08:17

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