FTSE Report 26th July

ANALYSIS  –  6920 and 7070 IS KEY TODAY –

TODAY LOOK TO BUY DIPS TODAY NEAR 6965 WITH 1 MIN BAR ACCEPTANCE BELOW 6920 AS THE STOP. NEEDS A REVERSAL SIGNAL BEFORE ENTERING . TARGET 7000. SAME PLAY AS LAST WEEK. NEEDS TO SET UP IN FIRST HOUR OF TRADE.

SHORT TERM DIRECTION -NEUTRAL ABOVE 6920

MEDIUM TERM DIRECTION  NEUTRAL ABOVE 6900

SPIKES IN FIRST 5 MINS AFTER OPEN –  no trade


Anna Rosso

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