Advertisement
Advertisement
FTSE 100 Index Price Forecast September 6, 2017, Technical Analysis
Updated: Sep 6, 2017, 02:53 GMT+00:00
The FTSE 100 broke down below the 7400 level during the session on Tuesday, as we continue to see volatility. As you can see on the chart, we have
PREMIUM
Read what the experts are trading this weekExclusive analysis from FXEmpire top analysts — curated insights you won't find on the free site.In-depth analysis
Curated reports
Top analysts
Unlock Premium
The FTSE 100 broke down below the 7400 level during the session on Tuesday, as we continue to see volatility. As you can see on the chart, we have essentially filled the gap from a couple of weeks ago, which is an area that should see support. If we can break above the 7400 level, I would then be a buyer for a longer-term move. I think that there is plenty of support below at the 7300 level as well, so I don’t have any interest in shorting quite yet.
FTSE 100 Video 06.9.17
About the Author
Christopher Lewisauthor
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.
Advertisement