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Opinion

Same old story

Same old story
February 24, 2017
Same old story

FTSE 100

A second consecutive tiny little shooting star candle which forms part of what might turn out to be a gently small rounded top – with a weekly close below 7240 needed to complete. Remember that the record high in January 2017 is 7354.14.

SHORT TERM TRADER: Small short at 7265; stop above 7355. Target 6950.

POSITION TAKER: Square.

SUPPORTRESISTANCE
72407300
72007329
71657335
70407354