sreebhashyam

FTSE - LEADER OR LAGARD

Short
CURRENCYCOM:UK100   FTSE 100 Index
FTSE still above 200 DMA relative to NIKKI, DAX, DOW. That warns if it is leader, or lagard in waiting. We had HnS break out yesterday, how ever, this morning rise is an opportunity to short if not already one in hand. The supply zone from the previous base and the downward slope from the recent high both vertex around the 7630-40 close area or one can assume 7610 close. Short here and any rise 7570 stops close basis 7640 for move part 7430 balance 7300-40 range.

TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.