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FTSE 100 forecast update September 6 2021

FTSE Sep 06 2021

This week will be key to our forecast on the FTSE 100. The FTSE 100 has bounced off our “dotted red line” pre opening at a similar level to Friday – which infers there is some buying at this level. However it is moving in a relatively narrow range and we are wondering whether we’ll see a downwards move begin if the FTSE gets up to around 7190 (note: 7178 seems to be a sticking point at the moment) – impossible to call and it would certainly be a mistake to add to any positions at this point.

FTSE Sep 06 2021
FTSE 100 Forecast September 6 2021
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