Market Comment:
Ftse closed at 5505 up +135 on week.

O.k, so we are here again, 5500 level. It broke down from here 2 weeks back so we will watch again and look for long positions on the light side. I will be aggressively trading above this level should it stick, the moment it goes below 5500 will then be traded out of to remain of the highest caution. Providing we can stick above this level for 5 straight sessions and close higher next week, will then become a high probability...

Lee Shepherd