Good morning
With the markets approaching the year end I don't have much to add on top of yesterday's email. With very little news coming out today we may be in for another quiet and flat session whilst we await the start of 2011 trading.
I have attached yesterday's email for new subscribers.
We have a small target at 5984 which should fill today (current market is 5996) and a large target at 5914 which we will target for early 2011.
There is a slim chance we will reach 6100 before we hit 5914 but I do not see any further up side beyond 6100 before 5914 is reached. The preference is therefore on the short side.
This will be my last email for 2010 and normal trading alerts will commence on the 4th January.
When I met Mark I was enormously impressed with his FTSE trading abilities, so much so that I decided to recommend him to my clients. John Piper
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