Thursday, September 6, 2012

Trade Guideline For friday

A breakout trending-up day on Thursday with the close near the day high. For Friday, as long as there is no negative news regarding ECB bond purchase program, Thursday's trend should continue up, with potential pullback in the morning. 

As long as Friday morning pullback can stay above 2810-2815 the uptrend is still intact, with the next upside target at 2850 - 2860.

FT Pivot levels
R1 = 2842.75
FTP = 2813
S1 = 2796.25