We are starting the week in a similar manner to last week with futures hovering around the same price level. Investors are still concerned with Greece and uncertainty remains. Clearly major support lies at 5645 and as long as this level holds, low risk buying opportunities can be made. Likewise a break of 5645 will lead to more selling down towards 5600. There will be clusters of buy and sell orders around 5645 and I classify this as an ''emotional level''. An emotional level will give way to false breaks so if there is a break of 5645 its wise to sell a retest rather than the intial break.
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