A break above 7210 yesterday favours buying the dip today to target the overnight highs which currently stand at 7264... [Signup For The Full FTSE Report and Video Clip]
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Friday, February 10, 2017
Wednesday, February 8, 2017
Tuesday, February 7, 2017
MAGNETIC FTSE Trading Report - 07 February 2017
As mentioned yesterday we are in a consolidation range between 7265-7100. Look to sell high and buy low with stops either end of this range.
Monday, February 6, 2017
MAGNETIC FTSE Trading Report - 06 February 2017
We are in neutral territory between 7260 and 7100. The best play is to sell high and buy low in this range with stops either side of this range.
Friday, February 3, 2017
MAGNETIC FTSE Trading Report - 03 February 2017
Fridays rarely reverse the trend which has a been a week of selling rallies so I expect more of the same at least until 1pm when NFP news comes out.
Thursday, February 2, 2017
MAGNETIC FTSE Trading Report - 02 February 2017
We have the BOE rate decision at 12pm so there could be some movement on the FTSE if GBP/USD is affected.
Wednesday, February 1, 2017
MAGNETIC FTSE Trading Report - 01 February 2017
If the FTSE can hold above 7134 this morning we could see a short term rally develop. [Signup For The Full FTSE Report and Video Clip]
If we do rally to 7200 then look for reversal sell signals to target 7112.
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