MAGNETIC Trading Report - 31 March 2014

Its the last day of the trading month and we usually see the closing gap fill on these days [Signup For Mark's Trading Plan] 

MAGNETIC Trading Report - 28 March 2014

We are opening above the highs of a down day today so there will be no sell at open today.  March has been a negative affair for the FTSE so we could see some funds managers make their books appear a little more attractive for the month end which would push the FTSE up towards6625-6630 after the open however I would not expect the buying to last as its the last Friday of a trading month [Signup For Mark's Trading Plan] 

MAGNETIC Trading Report - 27 March 2014

I have attached a chart this morning (main report) which shows a key break out at 6570 this week [Signup For Mark's Trading Plan] 

MAGNETIC Trading Report - 26 March 2014

Big bull day yesterday for the FTSE puts a positive tone for the rest of the week with 6675 as a target however if we see an end of day close below 6568 this would be a negative at this stage  [Signup For Mark's Trading Plan] 

MAGNETIC Trading Report - 25 March 2014

The FTSE is in a neutral zone today.

6526-6520 is a target zone and should be hit if we open in the 6530 range [Signup For Mark's Trading Plan] 

MAGNETIC Trading Report - 24 March 2014

The FTSE has a layer of resistance between 6570-6576 today and whilst below this level we could see a brief sell off this morning into the 6530-6500 range  [Signup For Mark's Trading Plan] 

MAGNETIC Trading Report - 21 March 2014

The FTSE crashed through 6534 yesterday but managed to close back above it so unless we see the FTSE break below 6490 then its not clear whether more selling will come into the market [Signup For Mark's Trading Plan]