Secrets of day Trading Methods

Wednesday, April 6, 2011

Mark Austin FTSE Trading Update - 6 April 2011

Good morning

Yesterday was another day of flat trading across major global markets. As the FTSE is set to open in the same position my overall analysis remains the same.

One thing I will add is we saw an inside day yesterday which means prices remained within the previous day's range.  This often signals a reversal and strengthens our analysis that we will see a correctional decline towards 5720 before we make new highs above 6106. 

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