FTSE 100 Tumbles in Global Equity Rout

Since our report yesterday, FTSE 100 has fallen sharply amid a global equity rout. Given the sharp declines, it is worthwhile reviewing the technical picture again today. The UK’s FTSE 100 share index fell as much as 3.5% following dramatic sell-offs across the US and Asia, sparked by worries about inflation and rising bond yields. […]