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Selling The FTSE 100 Bounce
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Trader Richard Perry from Central Markets is selling the FTSE 100, and is looking for any bounce towards 6200.
He says the 200 day moving average will also be used as a gauge by technical traders.
On the basis of 3:1 profit, he is looking to set the stop around 6250.
He says the 200 day moving average will also be used as a gauge by technical traders.
On the basis of 3:1 profit, he is looking to set the stop around 6250.