Technical forecast for FTSE

FTSE held good support at 6615/00. Exit shorts & try longs here again today with stops below 6585. Next support at 6552 then 6518.

6677 is immediate support & if we can hold above here look for 6709/13. We should struggle here with a high for the day possible but a break higher could see 674

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason always had an interest in technical analysis throughout his trading career but began to study this area in depth from 2006. www.daytradeideas.com has established itself as the leading provider of... More