Saturday, 5 March 2016

Ftse Futs

Ideally the market should reverse Monday or Tuesday and decline for 3 months to complete a yearly cycle off March 29 high. I have 5260 as a possible level. Note this is the nearest futures,so cash index prices are slightly different.We have no sell signal currently and the major 50% retracement at 6266 may be a magnet for a final spike (equates to 6310 on cash)






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