15 Feb 2021 ● 06:31 AM
FTSE has been a laggard for many reasons from Brexit talks to the second wave of Covid. The chart however shows momentum picking up from the multiple supports along the yellow trendline on this chart. This could be the end of a second wave consolidation as we head into a 3rd wave. Which may have begun. We closed above the 20dma and wave III can go as far as 8000 in the coming months.