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FTSE Forecast Update September 8 2021

FTSE Sep 07 2021

Another good start to the day in terms of our forecast with the FTSE 100 now over 130 points down against the recent high. Whilst the timing is in line with the forecast we ideally want to see the FTSE much closer to our first long entry point to reduce risk on new long positions.

The current trend support line is very interesting as it has shown very good support in the past – a breach of 7060 (currently) will certainly increase our confidence of our target zone being hit.

FTSE Sep 07 2021
FTSE 100 forecast update September 8 2021
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