Cable & FTSE inverse relationship, double top on S&P500 – Think Trading
Paul Rodriguez, Director at Think Trading discusses the situations in which the inverse relationship between Cable and FTSE100 could come to an end and then goes on to discuss technical outlook for stocks – BT, Capital & Counties and S&P500. He is joined by Tip TV’s Zak Mir and Mike Ingram, Strategist at BGC markets.
While talking about S&P500 chart, Rodriguez says, “It feels like a crash is coming and I am keeping my eyes open for a big move on the downside”.