FTSE daily 04/07/13
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Today was a huge day in the FTSE breezing past two levels of resistance in one go and maintaining those breakout be close of day.
There is often a drop to 50% of the way down a large marubozu like this but sometimes the market is so bullish it just keeps on going. The US was closed today so there may be some catching up do do Stateside. We'll just have to wait and see but the bulls are firmly in control of this currently.
There is often a drop to 50% of the way down a large marubozu like this but sometimes the market is so bullish it just keeps on going. The US was closed today so there may be some catching up do do Stateside. We'll just have to wait and see but the bulls are firmly in control of this currently.
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