Close, but No Cigar!

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Close, but no cigar!

Well, I could have made a decent profit, but I held out for too much! I shan't be so greedy next time. The FTSE made a new closing high, but I was looking for a new intra-day high, which didn't happen, and my bet was stopped out on Friday night at break-even. I am looking to get back in at around 6850 with a target of 6960, though I won't hang about this time as it looks like the index is changing direction quite quickly. The Dow is approaching its lower Bollinger band and this should take the FTSE to the level I'm looking for before bouncing, keeping my peak pattern intact.