RE: Morning all1 May 2020 08:00
Morning Ken, forgive my ignorance on this - but is it not a slightly different case for the FTSE? Looking at the chart it's not yet got anywhere near close to the levels it was at pre-crash.
The fall yesterday was also a lot more drastic than the DOW and S&P 500, at over 3% compared with 1-1.5%. Boris was also talking about next week announcing the steps to announcing lockdown.
I don't pretend to have any level of understanding of the triangles you talk of, and the level by which the FTSE follows the US indicies but surely based on the above we should have a bit of a rise today?
That being said, copper seems to have dropped 2% so GLEN and KAZ may not see the same?
Again, still learning here so just my naive thoughts...