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Tuesday, October 2, 2012
FTSE Trading Report - 2 October 2012
An impressive 1st of the month rally yesterday will have many traders caught on the short side below 5750. This means if we are going to see another wave of selling it will most likely happen towards the end of the week when traders give up and close positions. Up side may also be limited as traders are waiting for Non Farm Payrolls on Friday.
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