MAGNETIC FTSE Trading Report - 28 April 2015

Another failure in the 7100 range after seeing new highs. Selling in the 7100 range continues to be highly profitable… [Signup For The Full Analysis] 

MAGNETIC FTSE Trading Report - 27 April 2015

We locked in a small profit last week and we don't have any positions on the FTSE. Each time the FTSE makes new highs it rolls over so there is no reason to think this is going to be any different. We are looking for a correction to the downside… [Signup For The Full Analysis] 

MAGNETIC FTSE Trading Report - 24 April 2015

We are at the end of a bull market and the market is making new highs and rolls over. I expect this to breakdown to 6900… [Signup For The Full Analysis] 

MAGNETIC FTSE Trading Report - 23 April 2015

The FTSE filled an unfilled gap at 6996 yesterday and duly bounced. There is no reason for the FTSE to return to this level so a break through here would indicate further selling towards our target at 6900… [Signup For The Full Analysis] 

MAGNETIC FTSE Trading Report - 22 April 2015

The DIVI is 10.8 today so that's a nice healthy one and I will be providing the set up for clients for that later. [Signup For The Full Analysis] 

MAGNETIC FTSE Trading Report - 21 April 2015

7119 is likely to be a top in the FTSE for some time and a move to 6900 is likely.  Today 7040 is key. Whilst above here the FTSE could move up to 7081 - 7100 before we see weakness again… [Signup For The Full Analysis] 

Why did the FTSE collapse?

Why did the FTSE collapse?

Mark Austin Trading

UK's Premier Online FTSE Subscription

 

Dear traders,

On Friday the FTSE peaked and a big sell off came in. There were some very strong and compelling reasons for the market to sell off on this day. TV Channels like bloomberg and CNBC will always find a news related story to explain a market move however markets are predictable and you can get in well before the herd.

Below is a video to my subscribers before the market opened on Friday listing some key reasons why the market was likely to SELL off. Our clients made thousands of $$$ on Friday using this information.

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ANALYSIS FROM FRIDAY PRE MARKET

http://screencast.com/t/37M1iNsHCOv

MEDIUM TERM FORECAST - A MOVE TO 6960/6900. I AM JUST NOT SURE WHETHER WE HAVE A LAST VISIT BACK TO 7100 AGAIN. 7040 IS NOW KEY

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All the best,

Mark Austin