Below you have the variance calculation for the ftse. This is truly unprecedented. As in looking back 50 years we have not witnessed this type of change in price from June to August. This my friends is the reason why hedge funds are complaining about not being able to make profits. Due to the simple fact that they just don't know what date to compare the prices with...realistically prices are suppose to plummet but any change in price that would bring us back to may would be catastrophic.
My hunch is that prices will stay in these areas to make normal these unusual prices.
Date Variance
2/19/2016 2025
2/22/2016 1368.055556
2/23/2016 1066.12037
2/24/2016 1810.830278
2/25/2016 2639.603111
2/26/2016 2460.652253
2/29/2016 5291.353716
3/1/2016 6154.681415
3/2/2016 6598.668203
3/3/2016 7235.294151
3/4/2016 7491.182183
3/7/2016 7005.951024
3/8/2016 6785.988642
3/9/2016 6319.484771
3/10/2016 6268.823546
3/11/2016 6245.323329
3/14/2016 6108.343934
3/15/2016 6187.205136
3/16/2016 6334.315425
3/17/2016 6271.173378
3/18/2016 6265.816662
3/21/2016 6199.466192
3/22/2016 6049.951433
3/23/2016 5826.99819
3/24/2016 5610.918026
3/29/2016 5626.89654
3/30/2016 5451.865992
3/31/2016 5285.190986
4/1/2016 5149.514142
4/4/2016 5058.266246
4/5/2016 5007.327221
4/6/2016 4851.742192
4/7/2016 4849.238523
4/8/2016 4769.391508
4/11/2016 5053.071597
4/12/2016 6330.977312
4/13/2016 7405.221486
4/14/2016 8062.250226
4/15/2016 8839.546631
4/18/2016 10146.49515
4/19/2016 11365.89096
4/20/2016 11917.34177
4/21/2016 12142.03016
4/22/2016 12157.93688
4/26/2016 12358.77299
4/27/2016 12253.52269
4/28/2016 12105.12711
4/29/2016 11853.46848
5/3/2016 11694.24101
5/4/2016 11541.95024
5/5/2016 11329.76918
5/6/2016 11178.19062
5/9/2016 10970.22074
5/10/2016 10794.89479
5/11/2016 10660.2215
5/12/2016 10576.62983
5/13/2016 10391.10465
5/16/2016 10238.34304
5/17/2016 10085.03429
5/18/2016 10050.60131
5/19/2016 9892.216165
5/20/2016 9756.091013
5/23/2016 9665.000377
5/24/2016 9657.6388
5/25/2016 9611.571419
5/26/2016 9576.277948
5/27/2016 9463.789993
5/31/2016 9335.944017
6/1/2016 9224.02807
6/2/2016 9134.524056
6/3/2016 9121.525576
6/6/2016 9095.039448
6/7/2016 9152.744292
6/8/2016 9054.943979
6/9/2016 9048.294726
6/10/2016 9210.011366
6/13/2016 9856.785521
6/14/2016 10376.82858
6/15/2016 10684.28373
6/16/2016 10726.8623
6/17/2016 10597.21646
6/20/2016 10538.52167
6/21/2016 10496.64794
6/22/2016 10746.46399
6/23/2016 10787.10743
6/24/2016 10979.1947
6/27/2016 10863.27928
6/28/2016 11064.34659
6/29/2016 12594.05772
6/30/2016 14242.76055
7/1/2016 15524.25912
7/4/2016 16751.32518
7/5/2016 17896.50752
7/6/2016 18889.5213
7/7/2016 20307.38346
7/8/2016 22291.57581
7/11/2016 24190.73445
7/12/2016 26185.05596
7/13/2016 27873.53907
7/14/2016 29533.50561
7/15/2016 31374.67538
7/18/2016 33215.48844
7/19/2016 34944.32911
7/20/2016 36473.45222
7/21/2016 38346.28064
7/22/2016 39954.91774
7/25/2016 41699.61671
7/26/2016 43386.68148
7/27/2016 44992.84505
7/28/2016 46500.94346
7/29/2016 47513.59667
8/1/2016 48383.61278
8/2/2016 49124.83581
8/3/2016 50667.688