FTSE 100 - FTSE 100 (NYSE Liffe) (Z4) Intraday: the downside prevails - 10/03/2014 (GMT)
- 567
- 0
- Chart + Price target(s)
- Target : Lower
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- Target 1 : 6 380
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- Target 2 : 6 340
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- Invalidation threshold : 6 530
- Timeframe : 30 min.
FTSE 100 Chart
Our preference: Short positions below 6530 with targets @ 6380 & 6340 in extension.
Alternative scenario: Above 6530 look for further upside with 6590 & 6660 as targets.
Comment: As long as 6530 is resistance, look for choppy price action with a bearish bias.
Alternative scenario: Above 6530 look for further upside with 6590 & 6660 as targets.
Comment: As long as 6530 is resistance, look for choppy price action with a bearish bias.
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