FTSE 120
stock (FTSE:MCX) is a weak market, having plunged seriously in January and
February 2018. The market is supposed to continue its bearishness this year.
The market
has gone below the EMA 21 and the Williams’ % Range period 20 is constantly in
the oversold region.
There is a
strong Bearish Confirmation Pattern in the chart. Rallies could be ignored
here, because they may tend to result in short-selling opportunities.
FTSE 250
has a beaAzeez Mustapha
Market Analyst, Trading Signals Provider and Coach
Traders’ realities: Traders; Mindset
rish outlook for this year. Price would go lower and lower.
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