After seeing the Ftse rise above the 4600 mark on Friday. I have spent a little time looking at where it might go from it's current level @ 4659. I found that the spread betting company "Capital Spreads" is quoting a 28 point difference to the current 4659 to go long.
Would experienced traders use this as a good indicator that the spread betting company expect the Ftse to fly tomorrow(Monday)???
Also I have seen a comment that "if it fly's on Friday there's a good chance it will fly on Monday"
Any truth in this statement?
I'm not going to trade this but wish to add any significance to my research.
Thanks
Would experienced traders use this as a good indicator that the spread betting company expect the Ftse to fly tomorrow(Monday)???
Also I have seen a comment that "if it fly's on Friday there's a good chance it will fly on Monday"
Any truth in this statement?
I'm not going to trade this but wish to add any significance to my research.
Thanks