Currently SHORT FTSE from 5270 from Tuesday 22nd June with Stop at 5185 and SHORT SP500 at 1114 with Stop at 1094
30Min - SELL
Using the 30min Charts the 10ema(5137) < 20ema(5152) < 50ema (5185) are STILL on SELL signal. A break above 20ema(5152) will be the first sign that the BULLS are taking control of the market.
Daily - SELL The 10ema(5192) < 20ema(5198) < 50ema (5283). A break and close above 20ema(5200) will be required to switch to LONG trades on a WEEKLY basis.
Weekly - NEUTRAL The 10ema(5284) < 20ema(5330) > 50ema (5192) will be indicating a SELL signal if the Market closes below 5000. A break and close above 20ema(5330) will be required to switch to LONG trades on a MONTHLY basis.
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