Ftse going bit daft here...
I think it will bump around 7070 for a while.... could go 7080 ish
but remember to play pullbacks markets tend to overreact....
Ftse going bit daft here...
Postman you mentioned a couple of weeks ago that 5 min gaps on s&p always get took. Do they ever get left for any lengthy periods. There is one from Friday at 2172.9 do you think we retrace ?? i have targets at 2156 and 2151. I have been monitoring the 5 min gap and this is the first that as been left.
Yes they can get left for weeks, you need to look at the general direction, and wait for it to start turning up.
After a retrace last year with a gap I sat there waiting 3 days for the last 8 points to fill. But it did 🙂