Secrets of day Trading Methods

Tuesday, October 5, 2010

Mark Austin FTSE Service Update - 5th Oct 2010

Good morning

We continue to see price exhaustion above 5600 on the back of this low volume rally.

As mentioned yesterday I expect this 5500-5600 range to be broken this week. We have lots of economic news coming out on Thursday and Friday and the US also starts its third quarter earnings on Thursday 7th October.  This is good news for trading as volatility will increase providing more trading opportunities.

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