Its the last trading day of the month and after a trending day yesterday ,the market may consolidate this morning.
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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Thursday, March 28, 2013
Wednesday, March 27, 2013
FTSE Trading Report - 27 March 2013
The FTSE is holding above key support at 6350 for now. At this stage I would like to see the FTSE break below here to confirm we have a top [Read the full report]
Tuesday, March 26, 2013
Monday, March 25, 2013
FTSE Trading Report - 25 March 2013
The FTSE is gapping up today right into the break down area between 6421-6432. Its also where the 38.20% retracement lies for the latest decline from 6534 to 6364. This is an important support/resistance area [Read the full report]
Friday, March 22, 2013
FTSE Trading Report - 22 March 2013
I mentioned yesterday that a move below 6421 was a negative for this market and I would turn neutral if seen for my medium term forecast [Read the full report]
Thursday, March 21, 2013
FTSE Trading Report - 21 March 2013
The FTSE has a target at 6435 this morning which should be seen if we open above yesterday's lows. The chances of seeing 6435 are less likely if we open below.
Wednesday, March 20, 2013
FTSE Trading Report - 20 March 2013
The dividend rally came in very late yesterday (last 10 minutes) due to the the Cyprus minister resignation. Today those 11 pips need to come off the index.
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