FTSE: Longs Need Stops Below 7210
Jason Sen | Feb 23, 2017 04:28AM ET
FTSE holding above 7248/44 targets 7260/65 but the most important resistance of the day is of course the January high at 7292/97. In severely overbought conditions we could top here again. A break above 7305 however is obviously positive & targets 7317/21 then 7334/38.
Minor support at 7248/44 before much better support at 7225/20. Longs need stops below 7210. Further losses target minor support at 7187/82 then a buying opportunity at 7155/50.
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