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O'Hare: FTSE corrective rally still has legs

The FTSE corrective rally still has further to go, says Steve O'Hare from First for Trading. He says there are three consecutive positive performance candles to note - a bullish piercing line, a bullish inverted hammer and a bullish gap open higher. 


Although he remains bearish on equities he thinks there is still a little more left in this. He is looking to set longs on the open this morning around 6800 or better.

Targets: 6865 and 6900
Stop: 6770
 
https://www.tradingfloor.com/about/niird

01:07 minutes
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