Monday 14th December 2015 – Afternoon

Monday 14th December 2015 – Afternoon

The FSTE bounced within a consolidation range for most of the day, and eventually proceeded to decline further towards the close. Only one more trade taken today which was a short off a pullback to a previous intraday support level at 5965, which was automatically closed out as the FTSE recovered a little prior to the US market session. I’ve just noticed that there was divergence between price and the MACD histogram at the time.

H009. FTSE MON 14122015 PM