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
FTSE DAILY
Thursday, May 10, 2012
FTSE update
Targets for drop remain the same..as 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
FTSE DAILY
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
FTSE DAILY
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