Wednesday, 19 January 2011

FTSE Target 6100

The FTSE came within 10pts of the target High 6100 on Thursday 6th Jan 2011. The FTSE has risen 1290pts from the 4800 low in July 2010, up 27%. A 38% retrace to 5600 is the target price in Q1 2011

On Monday 13December, I had a target High set to 6100 by the end of January 2011

Trade Date Price Stop Target Low High
Sell 19Jan 6050 6065 5900 5948 6077
Buy 18Jan 6000 6050 6100 5948 6077
Sell 13Jan 6040 5990 5900 5940 6055
Buy 11Jan 5975 6025 6100 5940 6055
Sell 06Jan 6070 5990 5900 5940 6090



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