Thursday, 4 February 2010

FTSE 5253 - 4th Feb

 
Pivot 5264 favours SHORT with Resistance at  5280(28Jan) 5330 (25Jan) and 5362 (22Dec) and Support at  5252(02Feb)  5236 (03Feb) and 5196 (18Dec). Daily Average move over last 10 days is 90pts. Bull Target will be Daily 50ema(5343). Bears will be looking for a break below key support at 5200. Break above 5280 is supporting Long trades with a Target 5400 by 15th Feb

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