The chart shows the FTSE 100 since 2010. The uptrend that commenced in July 2011 has come to an end and a downtrend commences from here. At present prices are plunging. The plunge may continue, or the index may swing back, to moderate into a more gentle decline. At the moment it looks like plunge continuing.
Killeens Financial Banner
Wednesday, 8 October 2014
This morning's punt: Short on the FTSE
An hour and a half after the UK stock market opened this morning, it seems clear that the plunge of the FTSE is continuing. This morning's punt is, accordingly, against the FTSE100:
The chart shows the FTSE 100 since 2010. The uptrend that commenced in July 2011 has come to an end and a downtrend commences from here. At present prices are plunging. The plunge may continue, or the index may swing back, to moderate into a more gentle decline. At the moment it looks like plunge continuing.
The chart shows the FTSE 100 since 2010. The uptrend that commenced in July 2011 has come to an end and a downtrend commences from here. At present prices are plunging. The plunge may continue, or the index may swing back, to moderate into a more gentle decline. At the moment it looks like plunge continuing.
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