Comments on the chart. Would not like to see 119 as this will trash this idea
50sma has gone. Trendline has gone as well. Idea is working out. Funny thing happened today. I closed out my profitable short today and will open another one tomorrrow. I found out that IGIndex is charging £40 per day daily funding @£2.5 per point! Holy Cow! So I closed a profitable spread bet a few minutes before the close today and will open a short in the April contract tomorrow. Any retracement will be nice
We have had a break below the uptrend like but price still looks strong. Could this just be a retest of the underside of the uptrend line? If 118.75 goes this idea is toast
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