FTSE 100

FTSE seems to be at a critical point now !!

Where are our resident experts gone after new year?

TF where are thou?

Hi Paitech

It's been a very long time since I came on this website and I'm glad to see a name I recognise. To be honest I cant remember what shares we used to discuss with Remo etc back on iii.

I am also out of touch and need refreshing on how to read charts - back to training school for me -- but I suspect if it goes above your line its a breakout but not too sure what will happen if it just tests it. I will watch and learn

Hi Folks....

Happy new year everyone....hope your keeping well...
wish you all a brilliant and 2021.....
Its been a while....i have been trading here and there.....and i'm holding a fair few stocks atm... mostly small caps...

ftse - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...JuWr3cZHVfnc%2FCA%3D

the ftse looks mega strong....around Oct it looked very shakey... and things could've got nasty again....but the vaccine news has clearly been a game changer.....and the ftse is making higher highs....
so no reason technically to be short imvho....

7500 next target over the next month or so....and i think this will break that resistance level as well...

atb, wdik, dyor,
trendfriend

HI Flexis,
I am still here... with help of others trading few bits every week...
Welcome back...

Happy New Year TF et all ...

TF, I dont understand, on my chart, i see if it hits the up trendline, and doesnt break up, it could go down? also there is horizontal line, resistance too?
I was thinking markets to go lower, but your lines are from higher, and says FTSE could go higher?
I am just trying to understand, where i am going wrong, in deciding the direction?

Maybe I need to have a phone convo with you to understand ...
ta
G

Looks like it went down from the trend line I had in my chart....
Comments welcome...