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
- Today’s Live Show: What’s in Store for the EUR in a Crucial Week Ahead?
- Comprehensive FX and Futures Daily Commentary
- Many markets are unstable at current levels
- Many markets are unstable at current levels
- Jobless Claims Fall Slightly, Labor Market Has Stabilized
- Market rates set to head upwards
- The Financials: market is down before the open on fears of bank reform and Greece’s issues
- Canada: Retail sales up 0.7% in January
- Best pair to trade now II: EUR/USD
- EUR/USD: No time for reversal yet
- Chart EUR/CHF Update: Support at 1.4340/50
- March inflation forecast now reads 1.4% yoy
- The U.S. dollar rallies for the third day
- Stock Traders focusing on Quadruple Witching
- U.S. Dollar strengthens Overnight; Risk Aversion Highlighted