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Lambert: Selling a rally in FTSE futures
Award winning technical analyst, Clive Lambert, from FuturesTech, is looking to sell a rally in the FTSE 100 Futures (September 2015) this Friday.
He says 6620 is an important resistance, as is 6665 above that. Both of these are Marabuzo resistances, with the latter doing a good job of capping the upside to the tick on Thursday. He's looking to sell a rally to 6620 with a stop above 6543 to fill the gap from July 9th - 10th. Then it's on to 6375, the July 7th low.
The time frame for this trade is one week.
01:13 minutes
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