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The FTSE went back and forth during the session on Thursday as you can see, essentially going nowhere. That being the case, we think that this market is still trying to find enough momentum to breakout to the upside, as a result we need to see a clearance of the highest from the Thursday session in order to start buying. All in all though, we do believe that this market has an underlying bullish tone to it, and that it’s going to the 6700 level fairly soon. We have no interest in selling the FTSE now.
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