December 2021

Will we see a Santa Rally on the FTSE 100 – or a Christmas crash! The FTSE 100 is pretty much reacting as expected – it bounced off our previous “question marked zone” (where we made a break even long) and has now crashed back through it – failing to make a new high on the way up. These swings make it very difficult to make low risk/ high reward… Read More »Will we see a Santa Rally on the FTSE 100?

The FTSE 100 clipped the edge of our question mark zone yesterday and came close to our medium term confirmed trend line. Whilst yesterday was the largest down day for a couple of weeks there has been no follow through this morning which gives confidence to our short entry zone being hit later in the month. Nothing more to say today about the FTSE 100 – time to be patient… Read More »FTSE close to key trend support

The FTSE 100 Index is still resting on our unconfirmed trend line and is right in the middle of our “question mark zone” and our next short entry zone, making it far too risky to open a new trade. A move down to the question mark zone will be in line with our most likely scenario but hitting it would be far too risky for a long at this stage… Read More »FTSE 100 Forecast update December 13 2021

The FTSE 100 is currently hovering below our short entry zone. It’s very important NOT to jump into an early short entry as we are of the view that if the FTSE 100 does not tap out thick red line then any correction will be short lived. As we said earlier in the week – it’s going to be a choppy end to the year – so manage your risk… Read More »FTSE 100 Forecast December 9 2021

It’s gonna be a choppy end to the year and, as our last trade has shown, it’s imperative you manage your risk. Today’s thrust up knocked us out of our short position and demonstrated that the FTSE 100 Index appears to be keen to hit the thick red line. A sharp rejection of the red line could indicate that the FTSE is going to complete a huge triangle which could… Read More »FTSE 100: Manage your risk – choppy end to the year.

The FTSE 100 is tapping our unconfirmed trend line – actually it’s more of a “line of interest” which we calculated a few months ago. The stock index has also broke through an upper unconfirmed trend line and breached a potential downward channel. All of this is occurring at the same time overseas travel restrictions are being enhance in the UK and entertainment is being closed in Europe. Go figure… Read More »FTSE 100 still fighting on – despite Omicron!

We have a key couple of days coming up for the FTSE 100 in determining whether it may make a new low before the year is out. A downwards trend channel is possibly developing on the FTSE 100 Index but the top line needs to be confirmed. We see Monday and Tuesday as being key and if we can get a sharp move up to our short entry zone followed… Read More »Will the FTSE 100 make a new low before the year is out