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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius

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Tuesday, December 11, 2018

FTSE triangle update

Looks like there was a false break out to the upside of the triangle  FTSE traded as high as 6858

That probably stopped out a lot of shorts and sucked in longs playing the break out..

That's what bear market rallies do

All reverse in the afternoon with the DOW giving back all the morning's rally ( again a Trump hot air tweet helping to push it higher)  and more..

Interesting to see the close


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