Geofftv1

FTSE Update

Geofftv1 Updated   
TVC:UKX   UK 100 Index
I haven't posted for some time but I think this chart may be useful in determining the possibilities of FTSE soon entering a prolonged
bear phase?

Watch for a close below the 200MA to confirm.

Good Luck
Comment:
200 day MA convincingly broken this past week, more downside to come but I will be watching out for the 50day MA to cross the 200day MA to confirm that bigger drops are waiting.
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