FTSE 100 Price Forecast August 31, 2017, Technical Analysis

The FTSE 100 gapped lower a couple of sessions ago, and now we continue to grind towards the top of that. I think that the FTSE 100 will probably reach towards the 7400 level above, but ultimately, I think that level could be a bit resistive. This is the wrong time of the year to expect a lot of volume, so it would make sense that the sellers would come back in that area, and that we could consolidate between 7370 400 over the next several sessions. A break above the 7400 level would be bullish though, and have me buying immediately.

FTSE 100 Video 31.8.17