channel trade 15th June

TVC:UKX   UK 100 Index
I didn't post yesterday for I was out and about. And I haven't looked at the news so try to explain that huge movement we had. It trended up but then came right back down and closed down. Those patterns do happen, I think there was one down then up in May. Anyway I was buying in the afternoon and ended up down 2%.

Today we've already seen the 55 point move down to S2 so a trending day is unlikely. Here's the channel. We sometimes get a mirror day on the FTSE where the price does the reverse of yesterday give or take an hour.


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