Intraday Market Thoughts

FTSE's 14-Year Highs Just Getting Warmed up

by Ashraf Laidi
May 20, 2013 22:43

Fresh 14-year highs for the FTSE-100 at 6755.63, a slow but growing share participation above the 200-DMA, continued sector strength and an 11-month period of no change in BoE asset purchases suggest the following charts and concluded target for the index.

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FTSE's 14-Year Highs Just Getting Warmed up - Ftse Quarterly And Internals May 20 (Chart 1)

 
 

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