The FTSE 100 Index had a slightly bullish tone to it on Monday as we continue to grind away and try to get above the 6000 level. There is still quite a
The FTSE 100 Index had a slightly bullish tone to it on Monday as we continue to grind away and try to get above the 6000 level. There is still quite a way to go, and as a result we are not interested in this market presently. Once we get above that 6000 level though, we would be very bullish of it.
As far as selling is concerned, is going to be very difficult to do it unless we can manage to break down below the 5800 level again. It looks like we’re trying to break out, but your money is simply going to be sitting there going sideways with a slightly upward bias at best currently. With that being said, we are flat of this market.
FTSE 100 Futures Forecast December 11, 2012, Technical Analysis
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.
