UKX Daily - Ideally like to see 6600 gap filled
Updated
Went underweight on Monday following the euphoria (extremely overbought on shorter time frames). Hoping for a pullback to the 6600 region where the price action gapped higher to start scaling back in - will also be a re-test of the breakout. However, there is a potential bull flag developing on the hourly chart (chart to follow). We currently in no-mans land as we await further developments.
Note
Move lower accelerating quickly. Gap closes officially at 6583.8Trade closed: target reached
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