MAGNETIC FTSE Trading - 30 September 2016

The FTSE failed in the 6930-6955 range yesterday and this was an indication the FTSE would move back to 6850. However as you will note we have already pulled back over night. Therefore this opportunity is no longer valid.

MAGNETIC FTSE Trading Report - 29 September 2016

A key day for the markets... If we fail to break above 6930-6955 then we stay in a sideways chop with a drift back down to 6800 on the cards which would compliment the end of the month profit taking tomorrow. However a move above 6955 and we would look to buy a pull back...  [Signup For The Full FTSE Report and Video Clip]

MAGNETIC FTSE Trading Report - 27 September 2016

6858-6860 is a key level this morning. Whilst above here the FTSE could make an assault on 6900 however i deem this short lived...  [Signup For The Full FTSE Report and Video Clip]

MAGNETIC FTSE Trading Report - 26 September 2016

End of month is approaching so I expect a profit taking move down later this week...

MAGNETIC FTSE Trading Report - 23 September 2016

6940 is resistance on the FTSE and we could well see a move to 6880-6870.

MAGNETIC FTSE Trading Report - 22 September 2016

The FED news is out so we could see a trend day develop...

MAGNETIC FTSE Trading Report - 21 September 2016

THE FOMC NEWS WILL EITHER BRING A MOVE DOWN TO 6750 OR A MOVE TO 7000...

MAGNETIC FTSE Trading Report - 20 September 2016

The FTSE remains bullish above 6670 and a move up up to 6930-40 can be expected whilst above here. 

MAGNETIC FTSE Trading Report - 19 September 2016

If the FTSE holds above 6740 today and breaks above 6760 after the open then higher prices towards 6800 are likely... [Signup For The Full FTSE Report and Video Clip]

MAGNETIC FTSE Trading Report - 16 September 2016

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MAGNETIC FTSE Trading Report - 15 September 2016

6654 will it hold or not? if it breaks we can expect a brief push down to 6638 - 6600 and then a rally to 6760-6775.

MAGNETIC FTSE Trading Report - 14 September 2016

In terms of direction 6709 is key. Below here the FTSE is bearish with a target at 6665 - 6630 and if we go above 6709 then we have likely bottomed at 6654 with 6800 as a target... [Signup For The Full FTSE Report and Video Clip]

MAGNETIC FTSE Trading Report - 13 September 2016

The FTSE has a hidden gap at 6705-6710 which should attract whilst we avoid acceptance above 6760... [Signup For The Full FTSE Report and Video Clip]

MAGNETIC FTSE Trading Report - 12 September 2016

Initially today we can expect a 23% fib pull back and then after this we want to get short on failure signals between 6730 - 6760… [Signup For The Full FTSE Report and Video Clip]

 

 

MAGNETIC FTSE Trading Report - 09 September 2016

The gap at 6858 should fill today.... If we get a move down to 6830 range we can look to buy for this... [Signup For The Full FTSE Report and Video Clip]

MAGNETIC FTSE Trading Report - 08 August 2016

It odds on we will see a rally to 7000 if we break above 6870 today.

MAGNETIC FTSE Trading Report - 07 September 2016

If the FTSE breaks 6870 then a target is 7000-7100... [Signup For The Full FTSE Report and Video Clip

MAGNETIC FTSE Trading Report - 06 September 2016

Its a real mixed bag this morning. 5 min bar break up may be valid if the break is above 6903.

MAGNETIC FTSE Trading Report - 05 September 2016

We should see a brief pull back this morning as the big players are unlikely to buy the highest prices....

MAGNETIC FTSE Trading Report - 02 September 2016

TODAY THE SELLING ZONE IS FROM 6778-6807

MAGNETIC FTSE Trading Report - 01 September 2016

6814 and higher is worth a short on the FTSE this morning.