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Where next for the FTSE 100?

FTSE 100 November 30 2021

Where will the FTSE 100 go next? The FTSE 100 Index has currently found some pre-opening support on our unconfirmed trend line. As a result of this we have exited 50% of our short (see Twitter) and adjusted our stop and limit for the remaining 50%.

Today/ tomorrow will be very important for the FTSE Index. If this trend line is “confirmed” then the “?” scenario becomes more likely – as does a quick bounce up to the developing channel which is why we have partially exited our short.

FTSE 100 November 30 2021
FTSE 100 chart November 30 2021

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