Nearest futures chart
May 29 was the day when the first leg down in the Ftse bear started last year (it peaked in April and churned sideways)
If we top soon around 6270-6320,the measured move would project down to the 61.8% retracement area
On the cash index 6311 is important resistance,being the midpoint of the 2009-2015 bull market
May 29 was the day when the first leg down in the Ftse bear started last year (it peaked in April and churned sideways)
On the cash index 6311 is important resistance,being the midpoint of the 2009-2015 bull market
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