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BullBearMkt
Mar 14, 2020 2:11 AM

FTSE100 Already Lost Over 50% Of Its Bullish Rally 

FTSE 100 index of UK listed sharesFXCM

Description

FTSE100 bullish trend started 2009 has lost more than 50% of its value till date. If 61.8% fib level is not strong to hold its reversal, then the index may as well be looking towards 70.70%/78.60% levels.

N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
Comments
Makeit5630
So where do we see this going on Mon UK market open?
BullBearMkt
@fahadm, I honestly don't know with this situation of COVID-19. However, technically, the index likely will retest last week low before a pullback to its mean. Overall, FTSE100 outlook is bearish.
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