IF THE FTSE STRUGGLES TO STAY ABOVE 7120 TODAY THEN A MOVE DOWN TO 7000 IS LOOKING LIKELY OVER THE COMING SESSIONS ESPECIALLY AS ITS END OF MONTH.
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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Tuesday, January 31, 2017
Monday, January 30, 2017
MAGNETIC FTSE Trading Report - 30 January 2017
The FTSE has held its bullish sideways range at 7150 so far in cash hours however we are trading at this lower level right now before the open.
Friday, January 27, 2017
MAGNETIC FTSE Trading Report - 27 January 2017
The FTSE continues to trade sideways with a bullish bias whilst above 7150. If the FTSE breaks yesterdays high at 7185 then expect a move above 7200 today.
Thursday, January 26, 2017
MAGNETIC FTSE Trading Report - 26 January 2017
7194 was hit yesterday and there is no reason for the FTSE to go above this level again if it is bearish so a move back above here is likely...
Wednesday, January 25, 2017
MAGNETIC FTSE Trading Report - 25 January 2017
A break of 7200 is bullish with a move up to 7300 likely.
Tuesday, January 24, 2017
MAGNETIC FTSE Trading Report - 24 January 2017
Yesterday's real high in the market was 7175 - If we break above here we should see a move towards 7194.
Monday, January 23, 2017
MAGNETIC FTSE Trading Report - 23 January 2017
Strong support is just below 7100 and keeps the ftse bullish for the medium term trend.
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