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Selling The FTSE 100 Bounce

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June 21, 2013 ftse, ftse 100, index, markets, traders, trading
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.