Two chart views for FTSE this time. Both looking sufficiently bearish. I am pretty much convinced we are on the verge of seeing the downtrend resume. Initial short-term target seems to be in the vicinity of 4178. There could further downside to follow after that but not without a bounce or two I suppose.
Projected High: 4,425.3652 (36.6152 points)
Projected Low: 4,375.2949 (13.4551 points)
Bullish above 4,402
Bearish below 4,374
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