The FTSE 100 rallied during the day on Wednesday, reaching towards the 7325 handle. I believe that the FTSE 100 continues to go higher, and therefore have
The FTSE 100 rallied during the day on Wednesday, reaching towards the 7325 handle. I believe that the FTSE 100 continues to go higher, and therefore have no interest in selling. Short-term pullbacks offer value that we can take advantage of, as the market looks to reach towards the highs yet again and that the 7200-level underneath is massively supportive. I have no interest in shorting this market, and believe that the FTSE 100 will continue to strengthen over the longer term and perhaps reach towards the 7500 level and the next few weeks.
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.
