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FTSE 100 Outlook Update November 5 2021

FTSE 100 November 5 2021

We see the FTSE 100 continuing to push up towards our short entry zone. Our FTSE 100 outlook shows the current move up ending in the next few days, followed by a slight correction, then one more push up before the end of the year which could result in a medium term top.

Next week should be very choppy on the FTSE so it’s important not to get carried away on the potential that a top is in place – it may be but we think there is a bit further to go.

FTSE 100 November 5 2021
FTSE 100 chart November 5 2021

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