robbyduffy

30th Aug channel trade

TVC:UKX   UK 100 Index
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Apologies I'm super slow with the update today. Got distracted trying to help a friend find a job. Unemployment is super low at the moment which might explain the general up trend which we still have in this oscillating market. Although we were overbought this morn and broke down on the 5min open bar (stopped out for 8 points) and there's last night's gap to fill, the other trackers are all slightly up and we have a weekend gap to fill. I'm short and we did break the 1h open bar downwards, but it's lost momentum and has to make its mind up.
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