Secrets of day Trading Methods

Thursday, October 14, 2010

Mark Austin FTSE Service Update - 14th Oct 2010

Good morning

Yesterday the market rallied as expected and left a nice short term sell target at 5675.

From a technical front 5820 presents very strong resistance and should be sold on the first touch if we manage to get that far.  Given the overbought conditions the market is unlikely to have the strength to penetrate this area first time round.

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