If resistance holds at the bottom end cloud, then we will be heading lower to the 5397 support zone! If the FTSE can break past 5877
zone, then the next target will be the top end cloud chart resistance zone: 6226!
For a bull market to start again, price action needs to be above the cloud! Price action is below the cloud and this is still overall bearish! We need to see the breakout past this resistance zone!
FTSE is up 16%+ since the buy signal!
Criticla week ahead !