gillyblore

UKX Hourly - Beautiful bounce BUT time for downtrend to resume

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TVC:UKX   UK 100 Index
Lovely bounce this morning following the RSI divergence identified. Looks a bit overdone here and I think we can see the downward trend resume. There is a gap around 7000 but will take time to see that filled I think. First a move to at least 6900

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