Friday, February 9, 2018

Annual Forecast for FTSE 250 (2018)

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

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                                               rish outlook for this year. Price would go lower and lower. 

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