As I see it, as long as we stay above 7600-7700 a pump to 8k is a lot more likely as there's evidently buyers in the market keeping the FTSE floating, where as a break below will send this south (7400 or lower).
Catatan
Bias remains bullish, especially after rejecting 7600... lets see what this month brings...
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7600 support still being tested #FTSE100
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Above 7700! Support to be found and tested
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7700 support… Still on track to 8K
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8k and higher on the way.
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Last week FTSE found support this week I expect higher price. #FTSE100
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#UK100 FTSE100: Price discovery... there's no previous price to base movement on... Price is literally poking in the dark.
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#UK100 FTSE100: Price discovery... Currently trading way above 8k, with no signs of pulling back just yet... News this week may change that...
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Previous comment stands...
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Pullbacks are healthy... Markets looking for a cheaper price, giving us a discount as it may... 8.2-8k is visible targets (50-60% discount of last bullish push) #UK100 #FTSE100
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Previous statement still stands... #UK100
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I'm eyeing up above 8400 for the FTSE, since we have "Recovered from Covid"... there's also a clear bounce off 8100-8200 🛫 #UK100GBP #FTSE100
Catatan
If 8200 holds... 8400 for the FTSE...
Catatan
8400 is resistance but 8000 support...
Last weeks close would indicate bullish, this weeks close is confirmation.
Catatan
The FTSE(UK100 appears to be ranging between 8400 and 8160.. Breaking range and expect a big move... #UK100GBP
Catatan
Last statement still stands... #UK100GBP
Catatan
The FTSE(UK100) still ranging between 8400 and 8160... Breaking range and expect a big move.
That huge rejection of 8160 makes me bullish bias #UK100GBP
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