FTSE100-160908-2H
Long term prospective:
Expect index to continues to seek further high towards resist zone 1 and 2 before retreats back down towards the support zone B by the end of Oct.
Mid Term:
Moving in range between support 6730 and resist levels 6960, but seek higher as it goes, until it reach the resist zone 1, break zone above with 4H close candle, further high towards Zone 2 and so on.
Short Term:
Trade according to S/R levels to the upper side.
Expect index to continues to seek further high towards resist zone 1 and 2 before retreats back down towards the support zone B by the end of Oct.
Mid Term:
Moving in range between support 6730 and resist levels 6960, but seek higher as it goes, until it reach the resist zone 1, break zone above with 4H close candle, further high towards Zone 2 and so on.
Short Term:
Trade according to S/R levels to the upper side.
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