Tea as in Tea-rouble?
In the last leg down to the early June lows, $FTSE's decline was relatively muted.
In the initial leg up from the early June lows, $FTSE also performed relatively well.
By contrast, over the last month, $FTSE's performance hasn't just been relatively muted, it's been negative.
Major Asian indices, which have generally under-performed through the summer rally, are perking up more than $FTSE in the month of September.
If the muted decline and relative out-performance which preceded the summer rally were a positive signal, is $FTSE now offering a warning heading into the fall?
And to ensure every expired equine endures empugilation:
In the initial leg up from the early June lows, $FTSE also performed relatively well.
By contrast, over the last month, $FTSE's performance hasn't just been relatively muted, it's been negative.
Major Asian indices, which have generally under-performed through the summer rally, are perking up more than $FTSE in the month of September.
If the muted decline and relative out-performance which preceded the summer rally were a positive signal, is $FTSE now offering a warning heading into the fall?
And to ensure every expired equine endures empugilation:
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