Tuesday 5 June 2018

FTSE 100: Consolidating after hitting high!

FTSE 100: Consolidating after hitting high! We not seen a sustained breakout past old highs. Consolidation risk remain high at these levels, towards to the top end cloud support zone!

Looking out for the sell signal over the summer from a cloud chart perspective, but we have already seen the MACD trigger a sell signal on the daily chart!

Holding a summer short position!




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