FTSE100 INDEX (UKX), APRIL, 02, 2020
UKXPivot Point: 6504.10 (65 day EMA )
The long-term trend is considered Bearish when UKX is below the 65 day EMA
Our view: Short positions below 6504.10 (65 day EMA )
Comment: UKX remains Bearish below the 6504.10 level
Alternative scenario: Above 6504.10 UKX becomes Bullish, expect further upside to higher levels
Trading Methodology: Triple Screen Trading System by Dr. Alexander Elder
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