FTSE100

The FTSE 100 continues to move in line with our forecast. We would like to see some more downward movement towards 7270 before a bounce up to our thick red line at around 7460 where there is currently a low risk short opportunity. We’re not recommending new long positions at 7270 as the FTSE 100 Index does have the potential to fall to 7150. If this happens we would then… Read More »Forecast for the FTSE 100 Index – Update November 17 2021

The FTSE 100 continues to move up towards our short entry zone. We have pulled the beginning of the entry zone forwards to November 22 2021 and will be monitoring closely every day. Ideally we would like to see a pull back to around 7270 this week before making a final push up to new highs for the year. Disclaimer The content on this site including products sold in our… Read More »FTSE 100 Price Chart and Market Entry Points – November 15 2021

The FTSE 100 hit 7400 out of trading hours. We still don’t believe this is the final thrust up towards our short entry zone. Our chart shows a possible path of the FTSE 100 Index up towards our thick red line. 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… Read More »FTSE Market Outlook. FTSE 100 presses on.

The FTSE 100 continues it’s relentless run up towards our thick red line. Question is – what will it do when (or if) it gets there? The short term trend is up on this stock market but the long term is down and the ultra long term trend is sideways (and we are at the top of this trend). This means, if we go short, then we must manage risk… Read More »Stock Market Update: FTSE 100 November 11 2021

There is no change to our outlook for the FTSE 100. The FTSE 100 Index is moving within the forecast – consolidating as expected. Consolidation may continue for a few more days but beyond that, the forecast expects general upwards travel towards our short entry zone before the year end. At this stage we wouldn’t consider entering any new positions on the FTSE 100 as the risk/ reward ratio is… Read More »FTSE 100 Outlook Update November 10 2021

Our FTSE 100 outlook shows the FTSE moving broadly in line with our short term forecast. As we said on our tweet on Friday we fell that the FTSE could get quite choppy this week. This will make it very difficult to trade – certainly nothing out there which is low risk/ high reward. The lowest risk trade that we currently have is still up at our “Thick Red Line”.… Read More »FTSE 100 Outlook November 8 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… Read More »FTSE 100 Outlook Update November 5 2021

Our outlook for the FTSE 100 at 3rd November 2021 now only has one scenario in play. Timing has eliminated scenario “A” and unless something “out of the blue” happens (which it might) then it’s highly likely that the FTSE 100 will hit our thick red line before the year is out. From a “timing perspective” we believe that the closer this “hit” is to the end of the year… Read More »FTSE 100 Outlook November 3 2021

The FTSE 100 is 50 points below the bottom end of our short entry zone and 200 points below it’s upper end. There is a good chance it will push up into the zone this week but remember we are looking for the FTSE to get as close to our “thick red line” as possible. This line is a multi-year trend line which has a high probability of being respected… Read More »FTSE 100 Forecast November 1 2021

Both scenarios are still in play on the FTSE 100 but time is running out for “A”. This index is in a very tricky position and it’s certainly not the time to enter a new trade. There is still some buying interest with today’s low being bought up very quickly – if it revisits that low and falls further then “A” is off the table. Disclaimer The content on this… Read More »FTSE 100 Index Update October 29 2021