Secrets of day Trading Methods

Monday, January 10, 2011

Mark Austin FTSE Trading Update - 10th Jan 2011

Good morning
The FTSE continues to trade between 5945 - 6090 with a break out due shortly. If we see price action above 6000 again with an end of day close its still possible we could see the top of this rising channel hit 6200 but the sluggish action around 6000 and an incomplete wave structure for the advance to 6090 supports the view that a decline to 5820 has already begun. 
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