Our lower long entry zone has been hit this week on the FTSE 100. This is very important as it has confirmed the depth of the current cycle and has enabled us to calculate the next high probability – low risk entry zone.
The next entry zone we have identified is a short entry zone. Currently we estimate this to be hit towards mid/ end of February 2021. We currently estimate that the entry point will be between 6800 and 6900.
For those of you that are now long there is risk to the downside in the short term but ultimately the next cycle appears to be UP – with at least a 300 point gain from our entry position.
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As always our posts are not investment advice. If you wish to trade or invest based on our analysis you should do so with great caution and consult your financial adviser. Remember never to invest or trade more than you can afford to lose.