FTSE looking bearish today, hitting the top of the bear flag shown. I will look for opportunities to get short until the top of the bear flag is broken.
Decent area from 5980-90 to look to target if I can get a short on.
Alternatively the DAX is approaching the bottom of a bull channel, if this bounces we could see the FTSE break the flag and I will look for a retest of the top of the flag to get long.
Result
The market false broke the top of the flag and then tanked on bad news (google results i think).
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