Monday, August 3, 2009

FTSE Outlook for 4th August 2009

FTSE marches on! I could be wrong and this is probably personal bias, it feels like it is headed for the slaughter house. The 270° level of 4725 is so close as is the timing line that a sense of the inevitable is unavoidable. Is that just me or will it become fact? The next day or two should reveal all.

Projected High: 4,753.6699 (71.2100 points)
Projected Low: 4,639.0200 (43.4399 points)

Bullish above 4,695.2783
Bearish below 4,669.6416

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