Good morning. I am just doing a really short post today, so just going to do a quick bit of FTSE analysis. Maybe a good thing as this Greece situation is like groundhog day at the moment with deal on then off then on again…. Its hard to keep up with who’s declining to accept each time – at least they can agree to disagree!
For today we have the pivot at 6819 and I expect some resistance there, as we also have the top of the 30min channel there. Support from the bottom of the channel is at 6769ish (depending on what time it hits), but a lot is once going to depend on the Greece negotiations. Below 6769 we have the bottom of the 10 day Bianca at 6736 which would be worth a long if seen, while above the pivot 6863 and 6922 are the Bianca channel tops.