FundiFinance

UK100 GAME over start of the free fall below the 200 EMA

Short
PEPPERSTONE:UK100   FTSE 100 Index
Yet another rejection and lower high, confirmation of the end of this cycle and the start of the free fall, before the fall below the 200 EMA that will follow. The recent bear cycle rally is over and the realisation of the state of the global economy is just beginning. This is the biggest bubble of this century and we are about to put 2008 in the shadows with a collapse of everything. Inflation is heading to 20% and rate hikes will need to reach double digits to even come close to curbing this economic disaster. The recession is now unstoppable and the house of cards is about to tumble.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.