Wednesday 25 March 2020

FTSE100: The Cloud Chart trading algorithm close to a buy signal, but we not there yet!

Cloud chart algo close to a new buy signal! But we not out the woods yet!



The Cloud Chart trading algorithm that generated a sell signal before the 33% drop in the market is now starting to show that we might be close to a new buy signal for a relief rally. So far the price action over the last few days have been encouraging, with the FTSE100 rebounding about 13% from a key cloud chat support zone!

Watching for the next signal this week to see if its time to get back in for a long term!

The short term swing trade is up by more than 676 points already!

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