Last night the Dow Jones finished the session down 121 points the negative sentiment and was aided by weakening technology shares the Nasdaq composite index which was down 38 poin
Last night the Dow Jones finished the session down 121 points the negative sentiment and was aided by weakening technology shares the Nasdaq composite index which was down 38 points. London had a rather dull session with the FTSE finishing up just over 3 points on the day .
Asian Markets were also weaker although there falls were more measured than those in the US indices.
In early trading Dax Futures are down some 40 points from their levels at the London close the early call for our market this morning is down around 25 points .
Technically we are still above the key supports at 5800-05 – However we are edging ever closer to this level , a sustained breach of which would send us back to the bear tack .
FTSE Futures Support & Resistance
Support 5820 5800-5 5786 5748.5 5714
Resistance 5843 5871 5891.5 5904.5 5917.5
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