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FTSE 100 Forecast Update October 26 2021

FTSE Oct 26 2021

The FTSE 100 Index is now 100 points up against our long entry zone. More importantly it’s getting close to our short entry zone – both in price and time.

Our “dotted red line” has now come into play. This has been on our charts since April (not many people will have this line). It’s not really a “trend line” but it’s what we call a “reaction line”. It hit this line perfectly (to the point) this morning and is now “pausing for thought”.

FTSE Oct 26 2021
FTSE 100 Forecast Update October 26 2021
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