FTSE 100 turning down

FTSE 100 chart January 23 2022

Last week saw the FTSE 100 turn down in line with our short term forecast. The question is how far will it fall before it finds some support.

We see no reason to change our current projection which expects a fall to a least 7250 and we are letting our short run towards this level. The difficulty will then be to try an establish whether this is a safe place to go long – or simply sit on the side lines until things become clearer.

FTSE 100 chart January 23 2022
FTSE 100 Forecast January 23 2022

Please Donate to help keep our analysis FREE

$ 15.00
Personal Info

Donate quickly and securely with Stripe

How it works: A Stripe window will open after you click the Donate Now button where you can securely make your donation. You will then be brought back to this page to view your receipt.

Index Setups

10.00
Please Donate to help keep our analysis FREE

Donation Total: $15.00

Disclaimer

The content on this site including products sold in our store and our posts on Twitter, Facebook, Instagram, Pinterest, Linkedin and any other site or medium are not investment advice. If you wish to trade or invest based on our analysis you should do so with great caution and consult your financial adviser. Remember never to invest or trade more than you can afford to lose.