Mark Austin FTSE Trading Services - 30 June 2011

We saw acceptance over 5820 yesterday so we are likely to see higher prices towards 5910 in the short term.

Its the first of the month tomorrow and if the FTSE can close the week above 5850 as well then that will be enough to conclude the worst of the correction is behind us. We will then revert to long term buying opportunities (swing trades).

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