The FTSE 100 rallied yet again during the day on Wednesday, as we continue to see an extraordinarily bullish move in this market. At this point, there’s
The FTSE 100 rallied yet again during the day on Wednesday, as we continue to see an extraordinarily bullish move in this market. At this point, there’s no way to sell this market, and pullbacks must be looked at as potential value. The 7125 level remains a “floor” in the market as far as I can see, but quite frankly I am getting a bit worried about the acceleration of the move. Sooner or later we need a rest. However, that rest should offer quite a bit of value for those of you who are willing to wait.
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.
