FTSE |
|
FTSE Dec Contract FTSE has recovered well off the lows of 5081. This morning the market is expecting a stronger open and if we can open towards the 5257 resistance, you should find sellers waiting. However the downside does at this point look to be short lived, and correction should hold 5225. The short term charts are calling for a move higher, thus buyers will be waiting on dips to come into the market and drive the market higher once more. Only a loss of 5217 would see buyers wobble and
Filed under: Technical
Latest Posts
- Equity Markets Finding Support but Need Catalyst for Rally
- U.S. Dollar Tumbles as Greece Tensions Ease
- Asia: Weekly Observatory
- USD/JPY Starting to Break Higher…
- Conflicting messages about the strength of the recovery in the region
- Fourth week in a row with downward corrections in commodity prices
- Today’s Live Show: What’s Ahead for the EUR, GBP and USD this Week?
- Today’s Live Show: What’s Ahead for the EUR, GBP and USD this Week?
- Consolidated trading…
- Consolidated trading…
- USD lower, CRB rebounds, Geithner sees slow recovery
- Waiting on the EUR/USD…
- Canada: Housing starts increase 5.8% in January
- Canada: Housing starts increase 5.8% in January
- Petrobras options still signal caution