The FTSE 100 futures rose during the session on Wednesday, and gained one quarter of a percent. Because of this, it seems like we are simply grinding our
The FTSE 100 futures rose during the session on Wednesday, and gained one quarter of a percent. Because of this, it seems like we are simply grinding our way higher above the 5900 level. However, there is quite a bit of noise between here and 6000, and as such we are very hesitant to go long of this market. Once we do close above 6000 however, we would become bullish of this market and in fact would be ready to buy and hold as we think it will go much, much higher.
FTSE 100 Index Futures Forecast December 27, 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.
