KrunchieKilleen

FTSE Scope for moderation of the Down-trend

FX:UK100   FTSE 100 index of UK listed shares
57 0 0
While the down-trend of the FTSE             will undoubtedly continue, the present very severe downslope may not. There is wide scope for moderation in the down-slope. the right side of the colousred triangle mirrors the Resistance Line of the upward trend from 2012 to the current year. There is a slight bend in the current down-slope that suggests that some moderation of the downslope is under way.

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