Indice UK 100
Short

FTSE 100 Bear Flag (Updated)

175
I'd like to refine my past post on the FTSE 100 Bear Flag - to give it a bit more strength.

There's a key level of support (now resistance) in white. This is a right-angled descending broadening wedge that's been forming since Feb 2017.
The white support of this pattern neatly intersects with the blue colour Bear Flag as of April 29 (Today)

I think this adds a little more to my conviction that this uptrend has hit the end of the road.

Adrian

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