Drop Goes The FTSE - Short Side Case Coming In.
The FTSE has shown so much sideways movement in and around highs historically, as investor wonder whether there is a bull or bear case.
Initial growth stats looked reasonable, but the Labour Govt's budget has ripped into the hopes of business in the UK.
Higher taxes will mean lower business revenues, and all sorts of Economic headwinds to follow.
I am still holding shorts lower and accumulating swaps. Any re-push higher and I will re-add shorts.
Initial growth stats looked reasonable, but the Labour Govt's budget has ripped into the hopes of business in the UK.
Higher taxes will mean lower business revenues, and all sorts of Economic headwinds to follow.
I am still holding shorts lower and accumulating swaps. Any re-push higher and I will re-add shorts.
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bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.