Following on from yesterday's report I wanted to see the FTSE make a new peak at lunchtime and then fall away. This is pretty much what happened but the US markets have dragged the FTSE up and we are once again trading at yesterday's lunchtime highs. Right now we want to see some evidence that a top is in place. Its expiry today and key moves often come in after this event or first thing on the following Monday. In fact Monday morning signals after expiry can be one of the best time to confirm a move or pattern completion and offer a low risk entry.
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