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Why did the FTSE collapse? |
Mark Austin Trading
UK's Premier Online FTSE Subscription
Dear traders,
On Friday the FTSE peaked and a big sell off came in. There were some very strong and compelling reasons for the market to sell off on this day. TV Channels like bloomberg and CNBC will always find a news related story to explain a market move however markets are predictable and you can get in well before the herd.
Below is a video to my subscribers before the market opened on Friday listing some key reasons why the market was likely to SELL off. Our clients made thousands of $$$ on Friday using this information.
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ANALYSIS FROM FRIDAY PRE MARKET
http://screencast.com/t/37M1iNsHCOv
MEDIUM TERM FORECAST - A MOVE TO 6960/6900. I AM JUST NOT SURE WHETHER WE HAVE A LAST VISIT BACK TO 7100 AGAIN. 7040 IS NOW KEY
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All the best,
Mark Austin
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