FXEMPIRE
All
Ad
Advertisement
Advertisement
Christopher Lewis
Add to Bookmarks
ftse

The FTSE 100 Index futures had a solid showing during the Wednesday session as we cross back over the 5900 level. We do see this market as being bullish at the moment, but see quite a bit of resistance all the way to the 6000 handle. It’s not that we wouldn’t take a long position now; it’s rather that we see much more interesting and clear-cut trading opportunities on the continent at the moment. We see excellent trading opportunities in Spain, Italy, and France, and fully expect this market to join those ranks, but we will wait until we have cleared this entire resistance band in order to get involved.

 

Advertisement
Know where the Market is headed? Take advantage now with 

Trading Derivatives carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Derivatives may not be suitable for all investors, so please ensure that you fully understand the risks involved, and seek independent advice if necessary. A Product Disclosure Statement (PDS) can be obtained either from this website or on request from our offices and should be considered before entering into a transaction with us. Raw Spread accounts offer spreads from 0.0 pips with a commission charge of USD $3.50 per 100k traded. Standard account offer spreads from 1 pips with no additional commission charges. Spreads on CFD indices start at 0.4 points. The information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

FTSE 100 Index Futures Forecast December 20, 2012, Technical Analysis
Advertisement
Don't miss a thing!
Discover what's moving the markets. Sign up for a daily update delivered to your inbox

Trade With A Regulated Broker