Secrets of day Trading Methods

Wednesday, October 13, 2010

Mark Austin FTSE Service Update - 13th Oct 2010

 Good morning

The FTSE maintained it position above 5585 yesterday so the outlook remain bullish.  For those wondering the relevance of 5585, this is where the MA 20 lies on the daily cash charts (non futures).  I am expecting one more leg up for this rally (circa 5750) which may present a good longer term short position.

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