The FTSE 100 initially fell on Tuesday but turned around to form a hammer like candle. Because of this, I believe that the market continues to go higher
The FTSE 100 initially fell on Tuesday but turned around to form a hammer like candle. Because of this, I believe that the market continues to go higher and will not only reach towards the 7350 handle, but perhaps make a fresh, new high. This is a market that’s been a very bullish one for some time, and the pull back down to the 7100 level just offered value that people were interested in. I believe that the FTSE 100 continues to go much higher, and I have no interest whatsoever in selling.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
