FTSE close to long term bear market trend. The cross between 8 and 21 month MA on downside where both are down is my technical sign. Trading during January will show when and if a bear market has started. FTSE use to be the first index in big trend changes.

Month dot.

Month long term. A triple top with a falling 8 month MA very close to the falling 21 MA. The cross will come first trading day in February.

Month with waves

Week dot. The 8 MA has turned down instead of crossing 21 MA. A clear sell signal

Day. Unless a very powerful rally closes above the falling blue 8 MA a cross will come in a few days time.

2 hr