FTSE - is it going to go south?
I'm planning to close my 3x SHORT FTSE position and move to crypto, so I've just checked FTSE chart:
It look like if might go down a bit. I have two questions:
- Which direction will it break? (the break up seams to me as very extream)
- When will it break? How many more times will it bounce out of the support / resistance lines?
It's definitely gonna go south eventually, like all stock markets in at least the Western world (I think sooner rather than later, especially if Corbyn got a majority)