The FTSE failed to hit our short entry points in April. On a positive note this means no loss making positions were established! Going into May and June we are not as positive over the FTSE reaching a significant high in late June/ early July and which is reinforced by the lack of upwards movement on April 30th – despite the significant fall in GBPUSD. As a result there is… Read More »FTSE Forecast Update April 2021
Market Update for the 20th March 2021. In this update we would like to talk more about FTSE scenario 2 but before we do it is important to say that ALL SCENARIOS are still possible but over the next week it is highly likely that we will be able to rule whether scenario 1 is still “on the cards”. We would also like to reiterate that we do not look… Read More »Market Update: March 2021
FTSE 100 Forecast update week ending March 12 2021. All 3 scenarios are very much in play but we have made a slight adjustment to the timing of scenario 2 which aligns more closely with how the current longer term cycle is panning out and other markets include US equities and the GBPUSD relationship. We have also highlighted that the scenario 3 long is still very much possible. Whilst the… Read More »FTSE 100 Forecast update week ending March 12 2021.
FTSE 100 Forecast Update. Well we day say this trendline would be important! The #FTSE100 has spent the last 5 days hugging it whilst other markets have shown some good growth. Much of this appears to be due to the inverse relationship which the #FTSE100 have with #GBPUSD. Looking forwards into next week all 3 scenarios are still on the table! Check out our previous posts to see our “Bigger… Read More »FTSE 100 Forecast Update
Movement last week on the FTSE 100 made us very much interested in our Forecast Scenario 3 (the RED line scenario) and there’s something in it for both Bulls and Bears! We can now see an interesting long opportunity which may come into play between the last week of March 2021 an the middle of May 2021. This is very interesting for a number of reasons: It hits our “super… Read More »FTSE 100 Forecast Update: February 28 2021
Yesterday the FTSE 100 hit 6800. If you went long at our previous entry point you will be between 300 and 400 points up. We still have three scenarios “in play” and each of them is equally likely in our view. Over the next few weeks we are likely to see some choppy movement on the FTSE 100. Our current analysis shows that the FTSE 100 may hit zone 1… Read More »FTSE 100 Forecast: Update February 17 2021
Our lower long entry zone has been hit this week on the FTSE 100. This is very important as it has confirmed the depth of the current cycle and has enabled us to calculate the next high probability – low risk entry zone. The next entry zone we have identified is a short entry zone. Currently we estimate this to be hit towards mid/ end of February 2021. We currently… Read More »FTSE 100 Forecast: Long Entry Zone Hit
Our 3 month forecasts are designed to identify high probability/ low risk Index Setups (or entry points). We are currently posting our FTSE100 forecasts free on Twitter, Instagram and Facebook. In our first forecast for the FTSE100 for 2021 we have indicated the lowest risk entry points for 2 of the 3 scenarios which we believe the FTSE100 may follow. Scenario 1 (the gold dotted line) has a high probability… Read More »FTSE 100 Three Month Forecast January 2021
If you’ve been following us on twitter you will have seen us forecast FTSE100 short and long entry points for December 2020. Both entry points were hit and both provided a return of over 300 points – 650 points in total. Follow us on Twitter, Instagram and Facebook to see our forecasts for 2021!
Are we seeing a major alignment of the FTSE and the GBP USD (and to a lesser extent GBP EUR) which will see a sharp fall in the FTSE 100 and a strengthening of Sterling? Our analysis suggests we are. As our clients and followers know we have been bearish on the FTSE since July and the current downward trend has proved to be intact whilst other indices have been… Read More »FTSE and GBP USD Alignment