jasperlawler

FTSE 100: 6750 could define the global bull market

TVC:UKX   UK 100 Index
There are two huge levels for the FTSE 100
A) The 2007 Peak at 6950 -- below here now
B) The 2000 peak just below at 6750 - testing here now

While we're below these levels - the bull market in the UK - and possibly globally - is over
Are you looking to short this market?
Reply
jasperlawler OmarHalawi
@OmarHalawi More likely we get a rebound - but a monthly close below 6750 and shorts make more sense IMHO.

What u think?
Reply
OmarHalawi jasperlawler
@jasperlawler, I think we are not very far from the support levels falling from under our feet, this is compounded by Brexit of course- where typically what you expect to be support will be weaker. I think I will enter a short in the next 6 months.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out