FTSE managed to blast through the 180° line on Thursday. Clearly, the bulls are in charge now. We can probably expect rallies in the days to come. Some of may wonder exactly what is the good news in the world economy that is driving the markets up. The answer to that probably is that we're looking in the wrong place for an answer! They say stock markets generally lead the economy. Could well be the case that is exactly what we are witnessing now.
I wouldn't be surprised if FTSE made its way to at least the 270° level in a few days time.
Projected High: 4,610.6353 (50.8354 points)
Projected Low: 4,515.9351 (43.8647 points)
Bullish above 4,573
Bearish below 4,546
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