I haven't posted for some time but I think this chart may be useful in determining the possibilities of FTSE soon entering a prolonged
bear phase?
Watch for a close below the 200MA to confirm.
Good Luck
bear phase?
Watch for a close below the 200MA to confirm.
Good Luck
Note
200 day MA convincingly broken this past week, more downside to come but I will be watching out for the 50day MA to cross the 200day MA to confirm that bigger drops are waiting.
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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.