The FTSE was stuck in a narrow range for the rest of the morning session and only broke out to the upside as the US markets opened. I managed to get in a couple of shorts, the first was trading a pullback to the moving average which went against me initially and I closed out relatively quickly thinking the market would rally back up. The second was off a weak MACD divergence pattern, which I should have closed out sooner; instead I held on too long expecting the 20EMA to offer further resistance and unfortunately it didn’t.