Maybe it was the Bank of England's gloomy outlook for the UK economy that made me come up with these two bearish counts for the UK large cap index today. In fact, I have an even gloomier one but didn't include that one here for the sake of simplicity. Difficult to see where the upside for UK stocks is going to come from in the near term.
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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.