Iridium

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Short
FX:UK100   FTSE 100 Index
1
From tech to housing to rolling it all up into one debt conundrum are we at the upper limits of what policy makers are able to financially engineer. FTSE 100 index has broken a wedge pattern and slipped through the long term weekly trend line. Technically speaking this is a very bearish set-up, at the same time when the ECB is to decide on sovereign QE and once again to set the global economy awash with fresh market liquidity. There is one certainty that one can conclude tho and that is that going forward into 2015 that there is going to far more volatility relative to the past 5 years. Monetary policy divergence and Carry Trade leveraged speculation i.e (issuance of foreign assets in dollar terms) will certainly be center stage as the FED begins to lift off from zero bound. I would Recommend Cash or TOCOM GOLD (JPY-GOLD) as one of the most safe bets this year going forward.
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