Footsie is in big corrective structure msost likely in form of expanding triangle.
We have a clear divergance in MACD which supports idea.
After big sell offon Friday punds shows signs of recovery / correction which also supports.
Price might slightly go up before drop as on lower timeframe we have possibly triangle pattern in development which can break both sides.
We have a clear divergance in MACD which supports idea.
After big sell offon Friday punds shows signs of recovery / correction which also supports.
Price might slightly go up before drop as on lower timeframe we have possibly triangle pattern in development which can break both sides.