Mark Austin FTSE Trading Service Update - 23th Sept 2010

Good morning

Yesterdays sharp fall at the open looked promising for bears however the index rebounded and although it closed down for the day it was also over key resistance at 5540. This level was support on the way down (yesterday morning) and once price moves below it turns into resistance. 

Although this is a fools rally backed by low volume, prices can still push higher short term. If we are to move higher the key area lies at 5610.

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