Some say the British empire began in 1500 approx., others say 1600. Regardless, lets just say hundreds of years of Empire. Then THEY say it ended in 1997. No matter. The TREND is what I, Fibo go by. And the TREND in the FTSE 100 tells me that the Empire is not dead. Colonies are gone, yes but the core engine is still beating. Therefore, when this TREND bends and breaks aka reverses, then and only then is the multi-century UP TREND over. One can try to be a smart Alec...
Top Call of British Empire's multi-century UP TREND:: a break of 6,500 confirms epic reversal
Top Call of British Empire's multi-century UP TREND:: a break of 6,500 confirms epic reversal
* This article was originally published here
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