The analysis looks good but the uk is about to go into national lockdown so i expect the trend line won’t hold
joely1483
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@jackusap, you could well be right but the first lockdown didn’t force price down. Looks like the market pre-empted it.
1st lockdown:
10/03 - price starts to drop
16/03 - First mention of lockdown (price held that day)
20/03 - price bottoms out & uptrend begins
23/03 - lockdown begins
I think it will become clearer tomorrow
jacobsonmez
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Lockdown and the US election tomorrow will deffo have an effect great analysis though
joely1483
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@jacobsonmez8, do you think the US election will have a big impact? Trump winning last time didn't have much effect?