Daily Forecast - 17 July 2015
Ftse September contract
FTSE holding above 6720 is positive for today & re-targets 6745 then yesterday's high at 6754. Be ready to buy a break above to target 6770/75. Further gains meet strong resistance at 6800/05. Sell here, stop 6830. Target1 @6770 (trail stop to entry), T2 @6735.
First support at 6720/15 but below here targets minor support at 6690/85. If we continue lower look for a buying opportunity at 6670/65. Buy here, stop 6645. Target1 @6690 (trail stop to entry), T2 @6715.
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