FTSE : Approaching June 2008 high
February 9, 2011 Leave a comment
The UK’s FTSE is fast approaching the June 2008 high at 6074, which was the month it all went wrong and the crash really started to show on the FTSE charts. Now just a few points below this level, it may take more than a single attempt to break through, but when it eventually does, there should be a range to 6350-6400
First main support is just above 6000, with 5950 a slightly stronger base.