The medium term forecast will turn neutral today after seeing a rally towards 6650 yesterday which relieved a short term over sold market. You will see on the attached chart (subscribers only) we have some major support. You can see in the past the market has tested this trend line and then recovered back above the Moving Average 200 for a sustainable rally [Signup For Mark's Trading Plan]
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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