Secrets of day Trading Methods

Wednesday, December 1, 2010

Mark Austin FTSE Trading Update - 1st Dec 2010

Good morning

Yesterday I gave a fairly in depth view on where I see the FTSE heading over the next few weeks.

We are fast approaching major support at 5500-5477. From here price action is key. Its important as a sustained break through 5477 changes the structure of this recent rally and puts the FTSE into a longer term downtrend.

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