Indice UK 100Short
FTSE 100 - Short Seller's Gift
A few days ago I posted on the FTSE 100. I mentioned at that time the (now clear) Bear Flag formation in blue.
We've broken out of that Flag for a few days now and have been in a sideways horizontal channel so far.
I can only see this as gift for anyone who hadn't already been short.
There's a potential 15% downside retracement that I've penciled in: by calculating the vertical height at the start of the Flag formation - and using that distance from the breakout point.
Any contrary views I'm happy to hear.
Adrian
We've broken out of that Flag for a few days now and have been in a sideways horizontal channel so far.
I can only see this as gift for anyone who hadn't already been short.
There's a potential 15% downside retracement that I've penciled in: by calculating the vertical height at the start of the Flag formation - and using that distance from the breakout point.
Any contrary views I'm happy to hear.
Adrian
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.