“There could be limited upside for the FTSE 100 in the next couple of weeks”
The latest video analysis on the FTSE 100, Dow 30 and crude oil market:
Also see:
- FTSE 100 – the trend has remained bullish since late November and is now in an extension. Whilst there could be a pullback from 6,150 there’s good support at 5,900 (daily timeframe chart).
- Dow Jones – momentum remains bullish and still targeting 13,550 (daily timeframe chart). There’s the potential for a major Double Top.
- Crude Oil – the futures market looks undecided and remains bearish on a short term basis (weekly timeframe chart).
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Video content by Sandy Jadeja, Chief Technical Analyst, City Index.
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