The FTSE corrected yesterday to just shy of our 5850 target. Its possible we have one more leg down towards 5800 to complete this pattern however this is not a prerequisite.
We are in still in a bull market but I will not consider positioning long now (medium term) until we have seen an end of day close above 5955 and the strategy will now switch to shorter term sets ups whilst we await the next clear swing trade.
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