Skip to content

FTSE 100 Forecast Update October 16 2021

FTSE Oct 16 2021

The FTSE 100 Index hit our initial (and cancelled) short entry zone on Friday. We cancelled this before the zone was hit because we felt (and still feel) that the FTSE has some potential left in it – along with the SPX.

Further growth in the FTSE could take us to a medium term top (our THICK RED LINE) which mathematically makes sense to us from both a level and a timing point of view.

Obviously we may be incorrect but we can’t confidently recommend a low risk high reward opportunity at this point – i.e. the return ratio would be less than 3:1 which simply isn’t good enough.

FTSE Oct 16 2021
FTSE 100 Forecast Update October 16 2021
$ 15.00
Personal Info

Donate quickly and securely with Stripe

How it works: A Stripe window will open after you click the Donate Now button where you can securely make your donation. You will then be brought back to this page to view your receipt.

Index Setups

Please Donate to help keep our analysis FREE

Donation Total: $15.00


The content on this site including products sold in our store and our posts on Twitter, Facebook, Instagram, Pinterest, Linkedin and any other site or medium 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.