Short UK stocks until the red line support is met.
Every time the short term support line is broken the FTSE100 index has always reverted down to the red long term support trendline.
Therefore, it is sensible to assume that this will be the case again. A buy target of 5000-5500 is reasonable, however if the index drops below 5000, all bets are off.
Therefore, it is sensible to assume that this will be the case again. A buy target of 5000-5500 is reasonable, however if the index drops below 5000, all bets are off.
