Steve O’Hare, of First4Trading.net, explains in a technical analysis of charts why he is trading the FTSE 100.i following its move higher on the back of Sunday’s French election.

This one-to-two day trade idea sees O'Hare selling the FTSE at current levels - 7,260 and 7,285 - and has a tight stop at 7,305. His targets are 7,142 and 7,100.

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

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