The FTSE 100 is retracing to test the new support level at 7400. Respect is likely and would indicate an advance to 7700*. Declining Twiggs Money Flow indicates medium-term selling pressure but the long-term signal remains bullish.
* Target: 7400 + ( 7400 – 7100 ) = 7700
May 22, 2017 at 04:10AM
from ColinTwiggs
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