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.
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.
