Hi All
I continue to watch the FTSE and all indices waiting for the second leg lower to take place.
I think the break above the ascending line was a false breakout, and with the bearish engulfing daily candle that printed a few days ago, as well as divergence against the RSI.
I think the FTSE will drop considerably over the coming months
I think a target in...
Hello all
This one has been a year and change in the making, however it's time, the FTSE is about to drop to 4000
If the weekly candle closes bearish as an engulfing candle as well, it'll drop fast.
After the initial leg lower, it reach the 61.8% retrace, now on a retest of that area, it's creating divergence and is overbought.
With risk of inflation on the...
