UK FTSE Possible Consolidation

TVC:UKX   UK 100 Index
Four positive weeks may well be the signal that the FTSE has possibly reached its low point and is beginning to swing back into a more positive setup. A push past 7100 would strengthen this view point and open up the route toward 7350. However trend is still down and this may simply signal a longer term period of consolidation and range-bound activity for the coming year.


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