#FTSE two channel Line pattern & 61.8% Fibonacci projection

considered a top & low of july 2010, projected two line channel is strong and often retested validated it more.
after making high and top within channel range, FTSE set a new channel line by making low of 5600 in month of april so far. a Fibonacci projection from low of 5600 to recent top around 6060 FTSE completed a retest of upper channel line plus day before yesterdays low was exactly at 61.8% from recent top. if FTSE doesnt take significant bounce after this 61.8%, then the kissing of lower channel line around 5720 cannot be ruled out.
as far our position is concern, since last 5 trading session we are anable to make anything out of FTSE trades. like its playing with us for a good return.
 Thanks.