Good morning! My thoughts going into today’s session were as follows:

• Daily and hourly charts show downward sloping channels with the FTSE having bounced up off the bottom trendlines of both. The daily chart shows further potential upside, although I’m inclined to trade the channel off the hourly chart with the top of that channel around the 5960 level.
• On the 5 minute chart you’ll notice the market trending up overnight, retracing back to support during the pre-open session, and resuming upwards at the open. Will look to trade off any pullbacks to the 5900 level and see if the upward sloping trendline holds or not.