As I see it, as long as we stay above 7600-7700 a pump to 8k is a lot more likely as there's evidently buyers in the market keeping the FTSE floating, where as a break below will send this south (7400 or lower).
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Bias remains bullish, especially after rejecting 7600... lets see what this month brings...
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7600 support still being tested #FTSE100
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Above 7700! Support to be found and tested
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7700 support… Still on track to 8K
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8k and higher on the way.
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Last week FTSE found support this week I expect higher price. #FTSE100
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#UK100 FTSE100: Price discovery... there's no previous price to base movement on... Price is literally poking in the dark.
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#UK100 FTSE100: Price discovery... Currently trading way above 8k, with no signs of pulling back just yet... News this week may change that...
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Previous comment stands...
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Pullbacks are healthy... Markets looking for a cheaper price, giving us a discount as it may... 8.2-8k is visible targets (50-60% discount of last bullish push) #UK100 #FTSE100
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Previous statement still stands... #UK100
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I'm eyeing up above 8400 for the FTSE, since we have "Recovered from Covid"... there's also a clear bounce off 8100-8200 🛫 #UK100GBP #FTSE100
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If 8200 holds... 8400 for the FTSE...
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8400 is resistance but 8000 support...
Last weeks close would indicate bullish, this weeks close is confirmation.
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The FTSE(UK100 appears to be ranging between 8400 and 8160.. Breaking range and expect a big move... #UK100GBP
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Last statement still stands... #UK100GBP
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The FTSE(UK100) still ranging between 8400 and 8160... Breaking range and expect a big move.
That huge rejection of 8160 makes me bullish bias #UK100GBP
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