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FTSE 100 Price Forecast September 13, 2017, Technical Analysis
Updated: Sep 13, 2017, 03:52 GMT+00:00
The FTSE 100 fell significantly on Tuesday, reaching towards the gap from Monday. There should be a certain amount of support below, but filling the gap
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The FTSE 100 fell significantly on Tuesday, reaching towards the gap from Monday. There should be a certain amount of support below, but filling the gap is something that happens more often than not. Because of this, I believe that we will drift a little bit lower from here, and the question then remains whether we can stay above the 7350 level. If we do, then I think we continue to go higher. If we break down below there, then the market goes looking for 7300 underneath. Overall, I do think we gain value longer-term.
FTSE 100 Video 13.9.17
About the Author
Christopher LewisSenior Analyst
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.
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