The Overall UK Markets Are Down.28 Feb 2024 11:37
Theres not much action here today, as is the case with a lot of shares, as everything is tracking the FTSE down.
Check the FTSE 100 5 day trend......it's on it's backside today as people are concerned about the US inflation data coming out this afternoon.
The overall concern is hindering everything.
Also, check the FTSE100 6 month trend pattern and you see that over the next week or so, the UK markets will be in slow decline as we've just peaked and a swing back is underway.
The timing could be good for 88 as the trading pattern will bottom out and swing back, causing all the markets to slowly increase some time early next week.