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Carlito101
Dec 16, 2019 9:32 AM

UK Index Relative Strength Recovery Long

UK100GBP*USDGBP/US30USD*1000OANDA

Description

UK has been rather weak with all the gnashing of teeth over Brexit, while the US leaves the world in the dust.

Here is the FTSE 100 priced in US dollars as a ratio to the Dow Jones. The BOJO election came right at the tip of the spear and the FTSE is now screaming up.

We could be in for a counterwave in relative strength with a 2b back into this range for forseeable future.
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