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.