Secrets of day Trading Methods

Friday, March 11, 2011

Mark Austin FTSE Trading Update - 11 March 2011

Good morning

The market finally revealed itself yesterday with an end of day close under 5860.  A sell signal created from a break of a double top formation at 6090.

A weekly close below 5860 would be the icing on the cake for the bears and a message to the market that price action over 6000 is unsustainable. I'll be watching out for this today.

0 comments:

Post a Comment