FTSE’s Ominous Yield Similarities w/ 2007

by Ashraf Laidi

Aug 19, 2013 17:17

The latest chart patterns from the FTSE-100 may suggest a potential repeat of the double-top formation of 2007, which was followed by a 49% decline. This month's peak of 6,696 was a failed attempt to retake this year's high of 6,875. The failure, three months apart, bears signs of the double top from July 2007 and October 2007. See chart & analysis

Click To Enlarge

Latest IMTs

• Hedging your Margined Account
  by Ashraf Laidi | Apr 21, 2026 15:35
• From Fibonacci Land
  by Ashraf Laidi | Apr 20, 2026 18:40
• 3 Numbers of Oil & JPY
  by Ashraf Laidi | Apr 17, 2026 13:37
• Market Got the Message
  by Ashraf Laidi | Apr 15, 2026 9:46
• Capturing 2000 points & 4840
  by Ashraf Laidi | Apr 9, 2026 13:11