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Sam_Eder

FTSE - Downtrend Intact, Consider Adding

Short
FTSE 100 Index (FX:UK100)  
Sam_Eder  
FX:UK100   FTSE 100 Index
Trend Analysis fxrenew trading Indices FTSE GBP brexit
2
0
trendanalysis fxrenew trading indices ftse gbp brexit
Markets remain in risk-off mode on the US/China trade debate. Also, BREXIT issues are surfacing again.
This is adding pressure to the FTSE. Momentum is negative as highlighted by the 55 SMA slope.
We favour adding on a continuation break today.
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