The FTSE exploded back to life last week, smashing defiantly through the obstacle at 5815, says Warren Firth at www.globalprimepartners.com.au.
The next hurdle that it must clear on the way to my major target at 6491 is the zone between 5988 and 6056. I expect a bit of stalling around there, but recommend staying long right now, only cutting losses on a sustained fall through 5675.