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Why I'm selling FTSE: O'Hare

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Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading the FTSE. 
He plans to sell at current levels at 7,528 and on rallies to 7,550. He has a stop at 7,600 and his targets are 7,485, 7,450 and 7,416.

O'Hare’s technical analysis of a selected trade is regularly featured every Thursday on Trading Floor.