FTSE

As with most of the analysis I provide for any of the Indices, it will most likely apply to all of the major Indices unless specifically stated otherwise. This particular  analysis is a tough one to post because of course, I don't like being wrong, yet practically all analysis I've read this weekend has a predominantly bearish short term outlook.

Here's a setup I like trading but unfortunately missed as my time was being spent building this site! First of all, I'd like to say that in the bigger picture, I believe Indices are likely to trade a large range making it difficult for permabulls and permabears alike. Although I believe long term tops are in place on Indices I trade, I don't think we are likely to see massive moves to the downside so soon after this summer's large sell-offs.