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Why I'm trading the FTSE: O'Hare

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April 06, 2017 ftse, ftse 100, long, saxobank.com, saxostrats, short, steve ohare first 4 trading, tradingfloor.com
Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading the FTSE 100.i. 

In the short term O'Hare is long at 7,265 with a stop at 7,240. His targets are 7,300 and 7,325.
In the mid term O'Hare is looking to set shorts on a break of 7,250 with a stop at 7,350. His targets are 7,100 and 7,062.

O'Hare’s technical analysis of a selected trade is featured every Thursday on Trading Floor.