callan1984

Intra-Day Short [FTSE]

Short
TVC:UKX   UK 100 Index
The Market is technically overbought and rests at a key resistance level. Following significant move to the upside, we expect profit taking and a reversion to the moving average. The rally appears to be be based fundamentally on stimulus and is likely artificial and short lived. R:R 1:1.
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.