FTSE May Look For Test Of Support At 6415/10

Published 12/10/2013, 06:33 AM
Updated 05/14/2017, 06:45 AM

FTSE just held support at 6545/40 but below here today look for a test of support at 6415/10. If this does not hold the downside use 6475/65 as a buying opportunity with stops below 6450.

Immediate resistance at 6575/80 may hold a move higher but above here we can target 6595/00. Look for a high for the day but shorts need stops above 6630.
FTSE
Weekly outlook is more positive this week & above 6605 can target 6645 but we should struggle here. Any retest of the 6485/65 area is a buying opportunity but below here risks a slide to good support at 6375/70.

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