FTSE Report for 19th October.
Jason Sen of DayTradeIdeas.co.uk - InsideFutures.com - Fri Oct 19, 2:28AM CDT
FTSE holding below 6985/80 targets 6954/50 & 6930 before a buying opportunity at 6910/6890. Longs need stops below 6870. A surprise break lower is an important sell signal. Sb first resistance at 6980/85 allows a recovery towards strong resistance at 7030/40. Above 7050 should target 7085/90 with a selling opportunity at 7125/35. Try shorts with stops above 7150. A break higher targets 7180/90. Above 7205 look for minor resistance at 7220/25 then a selling opportunity at 7265/75.