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UK 100 Index

UK FTSE Possible Consolidation

By mikhem
Four positive weeks may well be the signal that the FTSE has possibly reached its low point and is beginning to swing back into a more positive setup. A push past 7100 would strengthen this view point and open up the route toward 7350. However trend is still down and this may simply signal a longer term period of consolidation and range-bound activity for the coming year.
UKX
Trend Analysis
mikhem

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