SilverTrader925

FTSE Consolidation

FX:UK100   FTSE 100 Index
For 2 weeks now we have been range bound between 7280 and 7440 with clear support and resistance visible.

My two plays will be wait for a break of the trend line and get short, alternatively a break above 7440 and i will want to be long.

Tomorrow is the 1st of the month and statistically it is the best day of the month for gains so I will be watching closely for the breakout

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