FTSE managed to close up today. Should we revise our bearish outlook? I think not! The red diagonal on the re-anchored grid appears to be guiding the price down. Although there can and be brief rallies, I am of the view that we will see FTSE drop down to at least 4295 in a few days time.
Projected High: 4,599.4946 (51.9648 points)
Projected Low: 4,529.8149 (17.7148 points)
Bullish above 4,564
Bearish below 4,530
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