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Duncan

ALL STOCKS ARE ABOUT TO CRASHHi All I continue to watch the FTSE and all indices waiting for the second leg lower to take place. I think the break above the ascending line was a false breakout, and with the bearish engulfing daily candle that printed a few days ago, as well as divergence against the RSI. I think the FTSE will drop considerably over the coming months I think a target in the end of 4500 is realistic I'm going to wait to buy shares in things for a while yet. lets see what happens Duncan
OANDA:UK100GBPShort
by DividendDuncan
Hold on, all stocks are about to drop - FTSE to 4000Hello all This one has been a year and change in the making, however it's time, the FTSE is about to drop to 4000 If the weekly candle closes bearish as an engulfing candle as well, it'll drop fast. After the initial leg lower, it reach the 61.8% retrace, now on a retest of that area, it's creating divergence and is overbought. With risk of inflation on the horizon and finally some increases in interest rates, currencies will gain strength XXX USD pairs will go up, USD XXX pairs will continue to fall. JPY will gain a lot of strength and GOLD will make new highs. The FTSE however will fall along with all other indices. Hold on tight Thanks for looking at my idea Duncan
OANDA:UK100GBPShort
by DividendDuncan