Mark Austin FTSE Service Update - 30th Sept 2010

Good morning

The FTSE has closed in a very tight range for the last 3 sessions now and maintains its tight trading range between 5500-5600. Which as mentioned yesterday has been the case since September 13th.

Today is the end of the 3rd quarter so we may see some window dressing on the UK and US markets (http://www.investopedia.com/terms/w/windowdressing.asp).  We also have jobless claims out in the US at 1.30pm (UK time).  These two factors should spark some movement today.

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