When sentiment is extremely bullish

Bullish sentiment is associated with rising stock market. However after a long period of bullish sentiment, the mood will be too bullish i.e. extremely bullish, it’s like euphoria. At that moment the risk of a trend reversal is high. see http://www.e-yield.com/ftse-100-forecast/

Another good forecast

Last month I posted an article in which I called the FTSE 100 rally a bull trap. Here is the article: https://ftse100trading.uk/ftse-100-rally-bull-trap I was right to call it a bull trap, the FTSE failed to make a new all-time high above 7599 and today it is breaking down as I expected. I have seen this … Continue Reading