The FTSE 100 gapped higher at the open on Monday as the French election results came out. By clearing the 7200 level and extending all the way to the 7275
The FTSE 100 gapped higher at the open on Monday as the French election results came out. By clearing the 7200 level and extending all the way to the 7275 region, it looks as if we are continuing the bullish trend that we have seen for some time. I would not be surprised to see a pullback though, a lot of times when these types of moves happen, we need to “back and fill” to go higher. I have no interest in shorting either way, and a pullback to show signs of support should be thought of as value.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
