FTSE

If you were long over the New Year Weekend then you will have almost certainly enjoyed today's Market action with huge gap-up open's taking price outside of the previous trading range. If U.S Indices close red today then we statistically have a possible topping signal as SPX displays a number of gap-up opens with red closes at or near previous swing highs. However, the point of this post is really

Isn't it funny how Weeks have gone by and I've struggled to find anything worthy of posting, then all of the interesting set-ups arrive at once! So, just before signing off for the evening I just wanted to present this FTSE 4 hourly chart. It can be mentally challenging to enter trades like this when the press is plastered with bearish news, but the last couple of years should have conditioned us to ignore the news because we all know, no matter how bad the news