Good morning
Its options expiry today and the activity after this event can be pivotal. With the FTSE trading in a tight range for most of this week I expect a large move either today or early next week.
Expiry takes place just after 10am.
For the bulls a weekly close above 6100 is what they are looking for. The clear stop for them is a close below the 20 day moving average at 5980.
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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