Secrets of day Trading Methods

Tuesday, November 22, 2011

FTSE Trading Report - 22 November 2011

The negative signal from a break of 5350 gave way to more selling yesterday. Another close below this level today and we have moved from a sideways pattern to a downward pattern. If observed, any rallies instigated from the festive ''thanksgiving'' would then be an opportunity to sell.  The target will be at least 5000. The stop for any rallies would be an end of day close above 5500. 


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