Yesterday we discussed 6440-6450 was a selling opportunity if it got there in the morning. We got there in the afternoon session which took the market all the way down to 6330 overnight.
Today while the FTSE is below 6440-6450 the bears are still in control.
If the FTSE rejects 6400 and we see a break below the pivot at 6382, the FTSE is worth shorting down to the gap. If we see acceptance above 6440 and we could start a recovering rally… [Signup For The Full Analysis]
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