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Christopher Lewis
ftseWEEK

The FTSE fell during the course of the week, slamming into the 6550 level. This is an area that begins a significant amount of support, so we are waiting to see if we get a supportive candle in order to start buying again. The meantime, we are on the sidelines as we feel that the market could turn around at the drop of a hat, so we are simply waiting to see whether or not we get that candle. In the meantime, we think that shorter-term traders will probably run this market.


 

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