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Opinion

Tokyo takes on Abe

Tokyo takes on Abe
July 3, 2017
Tokyo takes on Abe

FTSE 100

Completing a small rounded top on the weekly chart as we close below trend line and horizontal support. Momentum is no longer bullish and a drop to 7125 is expected.

SHORT TERM TRADER: Small short at 7542; stop above 7400. Target 7200.

POSITION TAKER: New short at 7325; stop above 7455. First target 7125.

SUPPORTRESISTANCE
73007380
72857400
72007455
71457480