FTSE 100 crashing soon ?

TVC:UKX   FTSE 100 Index
56 0
It has been a long rally for the FTSE 100 after the Brexit . This was due to the pound collapsing against major currencies making it the worst performer for the year.

The queen's currency is now showing some strength ! We might see the GBP appreciating (more than it should) when Italy's constitutional referendum will be pronounced this Sunday.

Moreover a Head and Shoulders pattern appeared on the weekly graph and the neckline was touched today the 01/12/2016. It acted as a strong support for the FTSE 100 .

If a vote against Renzi is confirmed Sunday be prepared to take position on the breakout :)
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out