Despite talk of a 'triple-dip' recession in the UK, the FTSE 250 index is scaling new all-time highs, says Warren Firth at www.globalprimepartners.com.au.
My ultimate target for this index of mid-cap, domestically-orientated stocks is 14304. I expect resistance along the way at 13372 and 13731. Traders should stay long, with a near-term trading target 13372.