FTSE 100 still trading within a parallel channel and did not breakdown as expected. Whilst we did not breakdown, we saw some very low volume and a sidewards move with a small loss on the week.
Next week is a big week and depends on the covid & brexit news.
We would see a good bullish week should be be able to break above the .5 fib level around 6300.
I have personally taken a couple of long positions in equities and indicies and expect /hope to see a bounce upwards in the channel.
Good luck all.
Next week is a big week and depends on the covid & brexit news.
We would see a good bullish week should be be able to break above the .5 fib level around 6300.
I have personally taken a couple of long positions in equities and indicies and expect /hope to see a bounce upwards in the channel.
Good luck all.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.