Good morning
Yesterday the Dow Jones advanced and dragged the FTSE up with it. The American move was backed with FED cash injections.
Support for the FTSE now lies at 5560. I am expecting one more advance to the upside before I will consider opening longer term shorts.
Yesterday's daily cash high was 5648 and after a strong push to the upside I expect this to be retested at the open (8am). The current price is 5661.
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