MAGNETIC FTSE Trading Report - 13 July 2017

Yesterday was a strong positive day for the FTSE but you will notice it failed exactly at 7440.  This remains key for the bulls and unless we see 5 min bar acceptance above this level...

MAGNETIC FTSE Trading Report - 11 July 2017

The FTSE still remains negative short term below 7430-7440 and whilst below here we can continue to expect moves back down to the 7300-7200 levels. If we get above 7440 then a move to 7500 is expected but I still believe we have a top in at 7600... http://www.markaustintrading.com/promo/promo-half-price-offer.html

Where now? well the FTSE is still negative below 7370 and can go lower.

MAGNETIC FTSE Trading Report - 06 July 2017

The FTSE continues to consolidate. I am continuing to sell the FTSE in the 7370-7400 range.. 

The FTSE remains short term negative below 7430 but still long term positive

American markets are shut this afternoon for Independence day so the afternoon session could be quiet on the FTSE.

Today is the first trading day of a new month so we could see new monies invested.