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
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.
