02/04/2012

FTSE has a big double bottom and is moving up.

FTSE daily trend is down. The weekly trend is sideways to down but the one and two hour trends are up. I do not know how high the index will go and there are lots of resistance points on the way up. Since FTSE in my opinion is the market leader it is important to follow the index closely so many reports will be published about FTSE's movements. The first two resistance points are 5.805.50 and 5.817.25. Now trading at 7.795

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