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FTSE 100: long term decline is far from over

By Thierry Laduguie | Thursday 25 February 2016


 


Yesterday my sentiment indicator turned bearish. I know the FTSE 100 is in bullish mood this morning but this was expected. Don’t forget that the FTSE was up 10% in 11 days at the recent high. Such a move has stimulated the bulls, they think the bull market has resumed. Well they will be disappointed, the move up currently underway is a dead cat bounce. 


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