FTSE close to key trend support

FTSE 100 December 14 2021

The FTSE 100 clipped the edge of our question mark zone yesterday and came close to our medium term confirmed trend line. Whilst yesterday was the largest down day for a couple of weeks there has been no follow through this morning which gives confidence to our short entry zone being hit later in the month.

Nothing more to say today about the FTSE 100 – time to be patient – time to be disciplined and simply watch the market.

FTSE 100 December 14 2021
FTSE 100 Chart December 14 2021

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