FTSE close yesterday at 5244. Today I see it may open up ,but will find resistance at 5308.
if start falling from this level
At 5308, we can start a new short position keeping SL of 5308.
Hi imaxcare - I agree. Until price establishes itself above 5308 we are still in a downtrend: I would suggest that buying would require a new support level between 5033 and 5308.
