Since March 30 when this chart was published 2 months have gone. Now you can easier see the Head and Shoulder formation I have be blogging about. FTSE is still the clearest chart that I have down graded to a new bear market. The confirmation will come next Thursday at close depending of the exact monthly closing point. Click the chart bigger and have a thorough look for yourself. First the neckline then neckline broken and back to 2009 low that is still what I think. To the neckline it will take approximately 5 weeks but this is only a guess.
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