Indeks FTSE 100
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The UK major stock index (FTSE100) has seen sustained falls over a reasonable period of time.

Currently there is no strong case for up moves, and similarly down moves. However, It is ranging to the downside on a slightly more 'unsure' outlook, as summarised by the technicals drawn.

1. Tech bias illustrates losing of value and a push to lows that ultimately may break on continued pressure.

2. Sentiment shows no real growth outlook and slight risk off view.
Nota
Looking short.
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Exit for gains.
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Exit short zone 2 for gains.
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Short Zone 2 hit, price falling away.
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Long zone 1 hit, price rising up. Look for exits this AM.
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Out of longs ^ Re longs OK but light.

Penafian

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