Secrets of day Trading Methods

Tuesday, July 3, 2012

FTSE Trading Report - 3 July 2012

With a close above 5625 yesterday we can expect higher prices towards 5720 in the short term. We have major resistance at 5700 - 5720 and I would expect profit taking to come in from this area.  The US markets will be closed tomorrow so there may be some profit taking ahead of the holiday which will drag the FTSE down this afternoon. 


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