The FTSE 100 fell a bit during the session on Monday, as we continue to grind sideways overall. I still think that there’s a significant amount of support
The FTSE 100 fell a bit during the session on Monday, as we continue to grind sideways overall. I still think that there’s a significant amount of support at the 7200 level however, so I’m willing to buy this market on the first signs of a bounce. At that point, I would anticipate that the market should then reach towards the 7325 handle, and then eventually the highs. I have no interest in selling, I believe there is a significant amount of support all the way down to at least the 7100 level.
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.