FTSE: First Support At 6990, Then 6975/70 Could Hold The Downside
Jason Sen | Oct 21, 2016 06:56AM ET
FTSE first support at 6990 then 6975/70 could hold the downside. However further losses risks a slide to quite good support at 6945/35. Longs need stops below 6920.
A break above 7020 targets 7050/55 perhaps as far as 7068/72. Obviously the 7090/93 high for this year is important. We then meet further important 9 year trend line resistance at 7135/45!
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