FTSE Levels for today
Support
6772
6759
6727
Resistance
6790 daily pivot
6792
6814
The FTSE found support at the 6770 level yesterday but hasn’t really bounced with much conviction. There is probably more chance of downside from the 6790 level today than too much optimism.
Should 6770 break then 6720ish is probably likely.
Shorts off the resistance levels above are probably still the best bet.
Long @ 6761
Anyone know why the big drop ?
may be stop hunt for longs 😉
Cant see one looking around. I am bearish but not going to sell into this as my take is its “manufactured” ahead of the jobs data at lunch time – but what do i know
Long @ 6755
closed @6767
Good one 🙂
Had order placed to buy at 6742. Just missed it. 🙁
I got the bottom at 6747 but sold at 6765
had a long order @6756 early on but was stopped out in the dip into the low 40’s
Long booked @ 6774
Another great shout, shame I didnt see your post until late!
😉
Anyone looking at shorting this now?
Im a bit weary about taking a position with the build up to 1:30pm
Looking for bit of a pullback now gone short at 6786 want to close before US opens.
Good shout whats your target?
Not too sure to be honest but have a very tight stop. Resistance at 6790, only have an 8 point stop loss. Will move to b/e if this drops and further.
Might be a gamble but worth it if it pays off and if it goes wrong not too much damage done with such a small stop loss. 😉
Closed for 14 points profit. Not risking anything with the news that is due.
I went for the short as well, gained 8 points. Now on the sidelines to see what the news impact is.