The FTSE 100 fell slightly during the day on Friday, but continues to find support just above the 7300 level. A break above the top of the range for the
The FTSE 100 fell slightly during the day on Friday, but continues to find support just above the 7300 level. A break above the top of the range for the session on Friday could send this market looking for the 7400 level, and I still believe that we will go even higher than that given enough time. However, you must believe that there is a significant amount of volatility ahead, so you will have to be able to deal with all of that. The 7300 level should continue to be a floor in this market.
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.
