FTSE cheerfully reflected our bearish outlook as presented yesterday. The index closed down by about 57 points. If the downward pressure continues for another day or two, a decent pullback should occur. After a rather strong move up, a pullback is inevitable - the only question is of extent. More about this in tomorrow's post.
Projected High: 4,572.6396 (43.7998 points)
Projected Low: 4,476.4595 (52.3804 points)
Bullish above 4,542
Bearish below 4,515
Posts
No comments:
Post a Comment