2016/11/17. FTSE 100 stock index forecast for next months and years.
FTSE 100 forecast for November 2016.
The forecast for beginning of November 6899. Maximum value 7454, while minimum 6610. Averaged index value for month 6999. Index at the end 7032, change for November 1.93%.
FTSE forecast for December 2016.
The forecast for beginning of December 7032. Maximum...
The FTSE 100 is trading near 6950, up more than 1200 points from the post-Brexit low of 5727.
Fundamentally, this is because of the sharp fall in Sterling.
However, technically, the FTSE 100 may be due for a correction.
It has relentlessly traded upwards, however:
1) There is strong resistance to be expected at 7000, a psychological round number.
2) There is...
The FTSE was the Index with the most upside during the week after the Brexit vote. It closed as high as no other Indice, above its previous resistance, now on the way making new highs. While the US Indices are about to hit them already, in Europe this will be a longer-term endeavour. Should this long breakout be the real deal, we are on our way there already...
