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
Technical analysis of Major Markets, F/X, and anything that can be traded This is my diary for trading Views expressed in this are only for educational purposes. They ARE NOT recommendations to BUY or SELL anything!! ALL comments and criticisms welcome.
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