The FTSE has broken cleanly, sharply and decisively above the key barrier at 5710, says Warren Firth at www.globalprimepartners.com.au.
IC TIP:
Buy
The immediate short-term trading target is 5989, representing a one-quarter projection upwards from the major low of August 2011. However, this should be just the start. My larger target is 6491. I would only exit longs on a sustained fall below 5600.
