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From : International Equity Index Daily Hotline: 30 January 2015
Chart of the day: FTSE All Share probes 2014 ceiling

 

The rally from the mid-January low, near 3400, by the UK's FTSE All Share index has lost momentum near previously stiff resistance in the 3700 region.  That barrier was established throughout 2014.  We will consider purchasing in the event of a sustained breakout (over 3685.35), as this will encourage the market to climb into unchartered territory. 

 






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