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FTSE 100 Index Forecast update October 1 2021

FTSE Oct 01 2021

The FTSE 100 Index has not quite hit a long entry zone we calculated last night – it needed to fall by another 10 points. Our trend lines could be slightly out or the market could fall a little more during the day.

There could be another long opportunity later in the month at our long term target of around 6666 or the FTSE 100 could simply go straight up from here – so it may be wise to adopt an “averaging” strategy on new long positions.

FTSE Oct 01 2021
FTSE 100 chart October 1 2021
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