MAGNETIC FTSE Trading Report - 30 June 2017

Whilst below 7380 the FTSE could see a retest at the 7310 level again as its month end and GBP is strong so this will weigh on the FTSE today.

The FTSE gave all the bells and whistles yesterday with a break below 7400. A move below 7380 is good to see 7300.

I expect more downside now and the next target coming in at 7300

MAGNETIC FTSE Trading Report - 26 June 2017

On Friday we discussed the scenario of a rally just above 7470 if the FTSE could not cleanly break below Thursdays low. This appears to still be a likely scenario as no clean break was seen on Friday and will confirm if the FTSE pushes above 7449 this morning. Either way I am expecting a move down to 7300... signup to the full report here http://www.markaustintrading.com/promo/promo-half-price-offer.html

MAGNETIC FTSE Trading Report - 23 June 2017

Its possible today f we cannot break below 7398 (yesterdays low) then the FTSE could rally just above 7470 to take some stops out however then I expect the sell off to resume.   

I am expecting volatility to come into force soon so the markets could get very interesting!

MAGNETIC FTSE Trading Report - 21 June 2017

I still believe this is a market high for the summer months and that's why we are short on the FTSE longer term. 

To try my FTSE service go to this link http://www.markaustintrading.com/promo/promo-half-price-offer.html