We also have a dividend of 10.8 tomorrow so I will be looking for signals to get long early tomorrow morning. This would be ideal if we see a correction today.
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Monday, March 11, 2013
Friday, March 8, 2013
FTSE Trading Report - 8 March 2013
Its Non Farm Payrolls day. The figures will be released at 1.30pm so expect volatility at this time. If we did see an awful number and the market drops below 6400 then then there would be a good buying opportunity [Read the full report]
Thursday, March 7, 2013
FTSE Trading Report - 7 March 2013
We had a consolidation day yesterday which we discussed with a selling preference towards the closing gap. As per my report yesterday this was the level that I mentioned I was happy selling down [Read the full report]
Wednesday, March 6, 2013
FTSE Trading Report - 6 March 2013
After a big bull day yesterday which was on the cards we will most likely consolidate today. There is a high chance we will re visit 6432 if we open above this level [Read the full report]
Tuesday, March 5, 2013
FTSE Trading Report - 5 March 2013
This morning if the FTSE opens above 6364 at 8am then this is positive for the index and unless we avoid trading 10 pips higher than the 8am open we should see a bullish session. This is compounded with the fact that we also have a 7 point dividend on the FTSE today. [Read the full report]
Monday, March 4, 2013
FTSE Trading Report - 4 March 2013
The FTSE is opening lower today on negative news from the far east but the overall trend is still up. Monday's are often negative days when the overall trend is up so we could see some further weakness this morning if we open below 6350 and break below 6340 [Read the full report]
Friday, March 1, 2013
FTSE Trading Report - 1 March 2013
Its the first trading day of a new month today and this is when funds usually commit new cash monies into the market. We could therefore see some initial buying this morning. However Friday's are not usually trending days so the buying may not last long [Read the full report]
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