FTSE 100: Buy Opportunity Below The 200 Day Moving Average?

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By Zak Mir.

FTSE100 Comments

  • Heading for 2 day close below the 200 day moving average at 6,415
  • June witnessed a 300 point rally from a similar dip below 200 day line.
  • Buy trigger now an end of day close above 6,415
  • Favoured scenario still recovery – just, due to rising 200 day moving average

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