louth1960

Golden Cross formed early in December

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OANDA:UK100GBP   UK 100
Things are looking good for the FTSE 100.

Not only has a Brexit deal been agreed, but 2 vaccines approved for use.

Early in December we saw a golden cross form on the daily chart.

For those who don't know, a golden cros is formed on the 50 and 200 MDA and is a good indicator ( along with the above ) as strong upword trend.

It seems a 7000 recovery is likely
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