The FTSE 100 gap tire at the open on Friday, shooting higher and reaching towards the 7400 level. It looks as if the market is going to continue to go
The FTSE 100 gap tire at the open on Friday, shooting higher and reaching towards the 7400 level. It looks as if the market is going to continue to go higher, and I believe that if we break above there the market should then reach towards the 7500 level. The 7300 level below is massively supportive, and thus I think that every time we pull back it will be a buying opportunity. The market has been positive for some time, and I believe it’s only a matter of time before we take off to the upside and have no interest whatsoever in shorting.
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.
