Closing changes for the main European bourses:
- UK FTSE 100 -2.8%
- German DAX -0.9%
- French CAC -1.6%
- Spain IBEX -1.3%
- Italy MIB -0.8%
On the week:
- UK FTSE 100 -2.0
- German DAX -1.5%
- French CAC -1.1%
- Spain IBEX +1.0%
- Italy MIB -1.2%
I like the valuation of UK stocks but that chart looks like a messy head-and-shoulders and that uptrend from the Nov low looks vulnerable.