Geofftv1

FTSE Multi-Year Top Near

Geofftv1 Updated   
TVC:UKX   UK 100 Index
8
FTSE is topping out with long term RSI overbought and momentum divergence. Expect decline starting Q1 2017.
Comment:
Possible Double Top reached at 7204 and major trend line reached! Now SHORT
Comment:
Looks like FTSE still has one last burst left to make possibly 7300 range, see my longer term chart on the 1-week scale.
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