michaelxowen

stuck in a range

TVC:UKX   UK 100 Index
I have been long since the lower end of the band but cashed out at mid point of the band. Will add more on a pull back below 5,900 and fill my boots if it heads to 5,800 area.

I want to be positioned long for a positive BREXIT deal as think one will be announced by 15th (or at least the good news by then that a deal should be struck). Should take out the top of the channel on that.

Neutral now but only due to levels. Will be long on a pull back to 5,900 and bigger positions at 5,880 adding all the way to 5,800 every 20 points. I am wrong if UK government pulls out and will have stop at 5,600.
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