UKX
Pivot Point: 6504.10 (65 day EMA )
The long-term trend is considered Bearish when UKX is below the 65 day EMA
Our view: Short positions below 6504.10 (65 day EMA )
Comment: UKX remains Bearish below the 6504.10 level
Alternative scenario: Above 6504.10 UKX becomes Bullish, expect further upside to higher levels
Trading Methodology: Triple Screen Trading System by Dr. Alexander Elder
www.spiketrade.com/about/elder.php
Pivot Point: 6504.10 (65 day EMA )
The long-term trend is considered Bearish when UKX is below the 65 day EMA
Our view: Short positions below 6504.10 (65 day EMA )
Comment: UKX remains Bearish below the 6504.10 level
Alternative scenario: Above 6504.10 UKX becomes Bullish, expect further upside to higher levels
Trading Methodology: Triple Screen Trading System by Dr. Alexander Elder
www.spiketrade.com/about/elder.php