FTSE 100 Forecast March 14, 2017, Technical Analysis

The FTSE 100 initially fell during the Monday session but found enough bullish traders underneath to turn around and form a positive candle. The 7400 level above has been resistive, so we can break above that handle, I believe that we go much higher, probably reaching towards the psychologically significant 7500 level. Pullbacks should be buying opportunities, and I believe that the 7300 level should be massively supportive. I have no interest in selling the FTSE 100, and I believe that the British pound falling should continue to support this market in general, but even if it does rally, I believe that the FTSE 100 will continue to be one of the leaders in Europe.

FTSE 100 Video 14.3.17