FTSE 100, Bund , Dax , Eurostoxx

Daily Forecast – 18 April 2013 FTSE 100 June contract FTSE tested 6290/00 & hit sellers but managed to hold above the April low at 6166/59. Today the 100 day MA is at 6175, same as yesterday’s low so longs here need a stop below 6159 lows for 6141 then 6107/00. Look for a bounce from here but use stops below 6085 for 6065/60. Resistance at 6227 could hold a rally but above 6241 look for 6269. We should meet sellers here but a push higher targets 6290/95, which held yesterday & should

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FTSE 100, Bund , Dax , Eurostoxx

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