FTSE daily 05/06/13
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The FTSE 100 could be headed towards the trendline up from Nov lows which is at 6412 where there is additional price support.
I'm not sure if this area will ultimately hold if the Dow drops to the 14534 area, but it should be good to go long here with tight-ish stops for a day trade. This trendline level will rise slightly each day.
I'm not sure if this area will ultimately hold if the Dow drops to the 14534 area, but it should be good to go long here with tight-ish stops for a day trade. This trendline level will rise slightly each day.
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