We are seeing strong prices this morning in the futures market. Has the correction finished? Well if the FTSE opens above 6700 this and then see 5 min bar acceptance above 6736 then this would confirm selling is over and a strong rally could be coming into play. Likewise a rejection of 6700 just after the open and a drop below 6672 would be indicative that we still have a final move to 6600 on the cards [Signup For Mark's Full 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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