The FTSE 100 fell during most the week, but found plenty of support at the 7300 level. The market has bounced a bit from there, and as a result I believe
The FTSE 100 fell during most the week, but found plenty of support at the 7300 level. The market has bounced a bit from there, and as a result I believe that it’s only a matter of time before the buyers return and continue to push this market higher. The 7500 level continues to be the longer-term target that I will be tracking, and because of this I’m looking at pullbacks as buying opportunities. A break above the 7500 level should send this market much higher. Selling isn’t even a thought.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
