Last week the FTSE ended Friday’s session with a gain of 85 points to reach 4,377 and an entire week of upward movement. Having crossed and held a position above the 20 period exponential moving average the next target is the 50, currently around the 4,600 level. With only low-level news out today, look for [...]

The FTSE closed 49 points up yesterday at 4,291 during a choppy session and made it the fourth up day in a row and that hasn’t happened since the end of August! Today with a bounce off the 20 ema, weekly position profit taking and the potential of later Bear movement on the Dow, impetuous [...]