FTSE longs from our buying opportunity at 7415/10 working perfectly as we shot higher towards first resistance at 7470/60. This is the main challenge for bulls today. Shorts need stops above 7490. An unexpected break higher is more positive targeting 7500 and 7520/25.
Failure to beat first resistance at 7460/70, as is likely targets 7430 and a buying opportunity at 7415/10. Try longs with stops below the 100 day moving average at 7385/80. Further losses however target good support at 7340/30.