monday trading, page-42

ftse is being a bit gutless tonight, unless you class that feeble rally to 6242 as the best rally they can muster. When indexes either don't challenge resistance fully or don't come down fully into support then you have to see their subsequent moves as suspect. In a nontrending market, a choppy session is the likely outcome until some sort of resolution is achieved. Makes trading tricky because the market is unresolved. Still, there will be a resolution, so be patient (he says to himself)