Tuesday, March 3, 2009

FTSE Outlook for 4th March 2009

Yesterday, we projected a low of 3490 for Tuesday's FTSE. The actual low the index printed was 3497 which is very close to the projection.

Hopefully, we may be seeing a bounce tomorrow. With all these awful drops, a rally must be around the corner, even if temporary.


Possible Upside Target : 3,741.66
Possible Downside Target: 3,382.48

Bullish Above 3,542
Bearish Below 3,481

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