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FTSE 100 Index Forecast Update September 29 2021

FTSE Sep 29 2021

We are looking at the possibility of a low (ish) risk short on the FTSE 100 over the next couple of days.

If this zone it hit and the trend line is respected then it will “confirm” a new short term trend line and give confidence to our targets later in the month.

An initial target for this short would be 6900 – giving a reward/ risk ratio of at least 5:1.

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