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FTSE breaks higher

Gann Theory suggests another substantial move higher for the UK large-cap index
January 16, 2013

Following its recent break higher, the FTSE 100 is now well on track to achieving my long-held target at 6491, says Warren Firth at www.globalprimepartners.com.au

Investors are gradually shifting their cash back into equities and real estate, but the process has a long way to go. Stay long, targeting 6491. Add to positions on any pull-back to 6056, only exiting on momentum beneath 5880.