Secrets of day Trading Methods

Thursday, April 28, 2011

Mark Austin FTSE Trading Update - 28 April 2011

Good morning

As expected the break of 6070 yesterday has subsequently led to new highs above 6106 on the futures chart and we are now entering a very important area for the markets both on the FTSE and other global markets. I would therefore like to briefly look at the ''bigger'' picture of what we can expect on a longer term basis.

Attached is a chart dating back to 1985.  If the analysis is correct we can expect a major peak to occur around the 6700 mark before a major decline occurs to levels sub 4000.

However, in order to achieve this the following factors need to be adhered-

To receive Marks full analysis, the graph's plus these important factors you can signup to mark's service through this link.

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