Secrets of day Trading Methods

Tuesday, June 28, 2011

Mark Austin FTSE Trading Service - 28 June 2011

Good morning

Today we have a magnet target and I expect this to be reached as long as we do not make a clear break above 5750 at the open.  5750 is resistance on the one hour chart and also a camarilla break out level to the upside.  

I am leaning towards further selling today but I have to respect that its a Tuesday and these days have a tendency to be positive in a bull market. Yes we are still in a bull market even though the short term price action is negative.

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