Where are the stock markets going now : FTSE has now opened the week with a low at 5.636. In this area there is very very strong support since 4 weeks and the rising 8 months MA is above this level at 5.673 so I do not expect FTSE to get lower. If that is the case this index can influence other indexes to hold up.

08/05/2012

FTSE has now opened the week with a low at 5.636. In this area there is very very strong support since 4 weeks and the rising 8 months MA is above this level at 5.673 so I do not expect FTSE to get lower. If that is the case this index can influence other indexes to hold up.

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