FTSE traded in a 206pt range last week. Weekly Pivot 5879 supports Bear move to 5800 this week with strong support at 5645 (16 June low). Bull move lasted 13 trading days to 5 July high 6036, a move up of 397 points.. Bears will hope to see last week's low 5793 breached with a low by Friday 22 July in the range 5600-5700.
| Trade | Price | Stop | Target | Low/High | S1/R1 | S2/R2 |
|---|---|---|---|---|---|---|
| Buy | 5770 | 5740 | 5950 | 5999 | 5964 | 6085 |
| Sell | 5900 | 5930 | 5700 | 5793 | 5758 | 5672 |
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