FTSE 100, Gasoil ICE, RBOB Gasoline, XAU Spot Gold, DJIA

Forecast for 15th February 2013 FTSE 100 March contract FTSE backed away to good support at 6290/85 which did just hold the downside as hoped from a little lower at 6277. A break below 6270 is looking more likely today for a buying opportunity at 6246/40. This should hold the low today so expect a bounce but be ready to stop out below 6225 for 6214. Resistance at 6318 then Wednesday’s high of 6359/62 should hold again but any shorts here need a stop above 6370 for a 6396 target. Exit longs

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FTSE 100, Gasoil ICE, RBOB Gasoline, XAU Spot Gold, DJIA

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