FTSE 100 Bull Run: It ain’t over till it's over - Accendo Markets

Mar 21, 2017, 11:58 AM

"It ain't over till it's over", a phrase popularised by baseball player Yogi Berra applies perfectly to the FTSE 100 Bull market.

Mike Van Dulken, who heads the Research desk at Accendo Markets, points to the bullish break on the FTSE 100 monthly chart and the fact that the RSI is yet to hit the overbought territory.

The key point to note here is - Historical data shows, on the monthly chart, the RSI indicator usually spends months into overbought territory before the index tops out.

Also in the offing is a view on WorldPay Limited and Kingfisher PLC.

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