We are still in bearish territory…
For study sake, the FTSE and DOW futures charts are given below.
Notice the bearish pattern building up in FTSE and DOW futures…The only difference is that, FTSE is at present going ahead by breaking down below the prior low.
Similar trend is going on in Euro, gold…charts not shown.
If this trend continues tonight, we might see interesting opening spell in Asian markets tomorrow.
Disclaimer: The views expressed herein are to be used with your own discretion and neither analyst nor the publisher will be responsible for the outcome.
