FTSE broke above the 30min chart 50ema (5165) on Tuesday 13 September and held above that level on 14 September. Look for another test of 5400. If the FTSE can hold above 5300 for a couple of days, then the next move up to the Weekly 50ema (5642) is the target for the Bulls. Long term the Weekly 200ema (5292) is still heading south, indicating a Bear market low in 2012-2014.
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