Secrets of day Trading Methods

Tuesday, June 7, 2011

Mark Austin FTSE Trading Services Update - 7 June 2011

Good morning

Yesterday we saw the FTSE rise above 5860 which was positive but on the back of very weak volume. Overnight activity has tested 5820 but the market did not move below this level which was  yesterday's stop criteria.  At this stage a move below 5800 on the back of high volume would be a real blow for the bulls and would open the doors to 5680. 5796 is the stop for this market for any long trades.

This morning have another magnet target.

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