Thursday, May 10, 2012

FTSE update

Targets for drop remain the pointed out in this post

Looking at the 2 hr chart, can see that market is short term oversold..
Would look to sell in the "zone" (Area between previous support and resistance)  5573 to 5621
200 dma is at 5558 so may not get as high as the "zone"

FTSE 2 hr


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