Secrets of day Trading Methods

Thursday, January 19, 2012

FTSE Trading Report - 19 January 2012

No real change to my view from yesterday. We have observed break outs above 5700 but buying has been short lived. This indicates that sellers are dominating over 5700 and any rally that does develop will be short lived.

Today if we open and hold 5700 we could well see one final blow off top and peak around lunchtime.


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