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.
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.
