Jump to content

What do people think fresh all time highs means for the markets?

Recommended Posts

Anyone got any views (technical or fundamental) on what the fresh all time highs means for stock indices and any other related markets?


I remain bearish long term but my thought is whether we will see only a brief peek above part highs or a significant and sustained rally now?

Link to comment

Hy Mercury, I am not very convinced that the rally in the FTSE 100 is going to be sustainable, we could potentially see in attempt the 7000 mark, of which then I could see a change in overall sentiment. Given what is happening in Europe with the Italian banking system, that could spark some worries around Europe as a whole. However, on the 4 hourly as mentioned before, you can see very little bullish momentum, but on the daily and weekly still seems positive, therefore it does make it questionable as to whether their could be a retracement or continuation of the previous bearish trend.

Link to comment


This topic is now archived and is closed to further replies.

  • image.png

  • Posts

    • Hi    when I try to buy the tickers SDIV and KBWD the platform does not allow me. This is strange as I have a broker account in France where I can easily buy these products. the MIFID retail legislation is related to CFD and margin, hence the reason must be different, can anybody help me?   Thanks
    • BOOM UP is the ultimate Game-Fi experience on Telegram, offering gamers a chance to earn real profits while immersing themselves in thrilling gameplay, unique art, and social interactions. Say goodbye to time-consuming games and hello to a world where fun meets profitability! By blending traditional gaming with the power of blockchain, BOOM UP is revolutionizing the industry and bridging the gap between Web2 and Web3. Get ready to dive into the future of gaming and experience a whole new level of excitement and rewards! Exciting news – BOOM UP is about to launch on Bitget, taking the crypto world by storm. Don't miss out on the chance to be a part of this groundbreaking project that's set to redefine the gaming and finance landscape. Get ready to level up with BOOM UP on on this exchange and unlock endless possibilities in the world of Game-Fi and NFTs!
    • As crypto adoption explodes in the EU, Bitget is fueling the flames with Builders Meetups – engaging events designed for both crypto veterans and newbies. Imagine learning from the Bitget EU COO Apprentice and crypto bigwigs, then building your network with fellow enthusiasts (potential friends or collaborators!). Plus, expert talks will boost your crypto IQ and there might even be free swag! Bitget goes beyond exchange, fostering the community through educational resources on Bitget Academy and a user-friendly platform that welcomes newcomers to the exciting world of crypto. The "Meet Bitget: Your Gateway to Crypto Trading" event in Bucharest, Romania on July 18th is your chance to dive in – registration is free! Don't miss out and spread the word.
  • Create New...