Secrets of day Trading Methods

Tuesday, January 31, 2012

FTSE Trading Report - 31 January 2012

Yesterday we saw a decisive break below 5700 which indicates we have a short term top at 5810. However we could well see a bounce upwards today.  The reason being Tuesday's often reverse Mondays and have a bullish bias and we also have yesterday's magnet. We chose to avoid this for good reason but it will still draw the market in if we go above 5710.


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