Wednesday, 9 April 2025

FTSE100 Index: Bear market rally in full swing as the Index is fighting hard for support at key Cloud Chart support zones! Price action is below both the daily and weekly Clouds and this is bearish from a Cloud Chart perspective.


 FTSE100 Index: Bear market rally in full swing as the Index is fighting hard for support at key Cloud Chart support zones! Price action is below both the daily and weekly Clouds and this is bearish from a Cloud Chart perspective. 










Prudent Cloud Chart investors avoided the big drop! The last major sell signals were when the FTSE sliced past the bottom end of the Daily Cloud, and the bottom end of the weekly Cloud! This comes soon after numerous sell signals way above the Cloud Chart zones!










Now we have to wait and see when the relief rally trade setups at major support zones will offer swing trade opportunities!  Cloud Charts keeps one on the right side of the market!

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