ukequities

DavidBelleFX DavidBelleFX LSE, D,
LSE: London Stock Exchange analysis.
38 0 9
LSE, D
London Stock Exchange analysis.

Potential move up to complete the head and shoulders pattern. That could lead to a fall. At the same time, we could see price move back into value to the point of control, and even further. I do doubt we will see a large fall as the UK market has shaken off Brexit uncertainty extremely well. In this case, it is possible that 3000 could be seen.

DavidBelleFX DavidBelleFX UK100, D, Short ,
UK100: Bearish FTSE from 7000
214 0 8
UK100, D Short
Bearish FTSE from 7000

There is every chance the FTSE could reach 7000. However, I am bearish the market (and global equities in general) and so would not be a buyer of this until there is indication that the market can come off. If we see the European banking crisis speeding up, or corporate debt issues coming to the fore, then this would certainly impact the FTSE and we would see the ...

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