The FTSE 100 initially tried to rally during the Thursday session, but turned around to form a negative candle. Ultimately, I believe that any pullback
The FTSE 100 initially tried to rally during the Thursday session, but turned around to form a negative candle. Ultimately, I believe that any pullback from here should have plenty of support, and I think that the 7200-level underneath should be the “floor” in this market, and thus I think it’s only a matter of time before the buyers get involved. Ultimately, I believe that we are going to see a fresh, new high. I have no interest in shorting, I believe that the FTSE 100 will continue to rise right along with the rest of the stock markets around the world.
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.
