Thursday 12 November 2015

Bearish Look

Past few months have been a tough one. From September markets starts to become choppy. That YELLY did not want to give a definite clue on her interest rate. Hence everyone start panicking up and down. The uncalled rally for the first day and down the second become a practice since then.

Yesterday started the pre-bearish behaviour to await the impending rising from YELLY in December that was delayed a couple of times.


I saw a bearish outlook, with a head-and-shoulders pattern (maybe) but some hammers along the way. I took it with a small risk. Boy I was foolish. This FTSE / UK have not been behaving well since September. He was before. *fingers crossed*