beng86

Bullish break?

Long
INDEX:FTMC   None
The recent closes have seen the FTSE 250 close above the downward sloping 1/1 line suggesting we are into more bullish territory. The recent rise may have been too fast but i can see the Uk mid cap index rallying into the downward sloping 2/1 line. The only concern is the divergence of the MACD histogram. There was a strong close today though
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.