Good morning
The FTSE remains in a tight range as indicated by the attached chart.
Key support lies at 5700 and given the fact that the market produced a false break through this area last week, any prices above here call for higher prices towards 5833. I would also air on the caution of shorting a double top scenario (5833) too quickly as many retail investors will be focusing on this.
When I met Mark I was enormously impressed with his FTSE trading abilities, so much so that I decided to recommend him to my clients. John Piper
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