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Markets focusing on positives than multiple headwinds – Accendo

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Retail investors have been spooked by the latest rally in the stock markets across the advanced world, especially in US and UK, given both markets faced headwinds like US election, Fed policy normalization and Brexit. Mike Van Dulken, Head of Research for Accendo Markets , while speaking to Tip TV, noted the markets are currently focusing on positives (oil rally) than on multiple headwinds. His technical charts took note of an upside breakout in FTSE, supported by rising RSI, but mentioned a

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