Monday 15 October 2012

Market Update - FTSE100

FTSE100 still seems to be undecided about the next move, but that may not be for long. The lower trend line has been broken, MA's look weaker, chart looks more negative than positive, but nothing dramatic has happened in the last couple of weeks. The market has been quiet which might indicate the calm before a storm, or the set up is in place for a December Santa rally. We look to be approaching a key moment as to where the markets are going next.



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