So guys
Just a quick post on FTSE. Weekly chart shows price bouncing off kijun with macd crossed down. Daily is bouncing off trendline. Chikou is coming into past candles. This trendline for me is the line in the sand. As soon as it goes, i don't mind shorting it. Looking at global indices, I see topping patterns. So, a correction is near. A multi week correction. I am watching oil closely.
Happy trading.
Cheers
Just a quick post on FTSE. Weekly chart shows price bouncing off kijun with macd crossed down. Daily is bouncing off trendline. Chikou is coming into past candles. This trendline for me is the line in the sand. As soon as it goes, i don't mind shorting it. Looking at global indices, I see topping patterns. So, a correction is near. A multi week correction. I am watching oil closely.
Happy trading.
Cheers