Secrets of day Trading Methods

Wednesday, February 15, 2012

FTSE Trading Report - 15 February 2012

The FTSE continues its topping out exercise. This is basically when the index is making new highs (stopping people out) but buyers are not supporting price action above here.

Yesterday evening we saw 5870 so this price objective has been met. I don't have an immediate target below at this stage so we could see a final rally towards 5950 develop today if 5900 holds early on.


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