If we don't see a big move today the range could be contained between 7460 and 7525

MAGNETIC FTSE Trading Report

The FTSE squeezed higher yesterday which it can often do leading up to expiry and now we are entering into an area where I see value to sell. 

MAGNETIC FTSE Trading Report

The FTSE remains negative and I am looking for a move down into the 7200 range.

As its expiry in a few days we could see some movement up and down as traders adjust positions...

MAGNETIC FTSE Trading Report

The FTSE failed below 7440 yet again yesterday and supports a move to 7200 over the coming weeks. 

MAGNETIC FTSE Trading Report - 17 July 2017

The FTSE is entering a neutral zone now between 7300-7440.  Its still short term negative below 7440 and this has acted extremely well for a stop level if you have been selling this market of late.

Whilst below 7440 the FTSE is still potentially negative!

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...