Good morning
On Friday we saw the anticipated decline to 5800 which was highlighted if we broke through 5860 on my last report. As mentioned there is very strong support at 5800 and only a daily close below this level changes this bullish market. In fact I would be inclined to only take note of 2 daily closes below 5800 given the fact that the FTSE has a tendency to produce quite a few ''bear traps'' below key technical levels to side step traders.
This week I anticipate the FTSE to reach the magnet target.
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