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FTSE - Mind The Gap

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    FTSE - Mind The Gap FTSE opened weak this morning due to the overnight sell off in Oil which put pressure on all equity markets. On the cash open it was sitting just above Volume support in the 6220-5 region and was instantly sold. Most (myself included) would have been expecting and playing for a gap close from Tuesday at 6204 or 6212.5 depending on whether you used the day’s high or days close. It got so close but twice failed to fill it which of course leads to a lot of

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