Good morning
The FTSE is currently standing in a neutral zone. The index failed to move past 5870 yesterday to create a negative signal and it has closed right on 5957 which as you will remember from last week was the previous break out level leading to a decline to 5813. Acceptance (3 thirty minute candle bars) over 5957 is bullish and the all important close over 6000 will create a fresh buy signal. With America making new highs this is likely but we need confirmation.
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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