FTSE 100 Forecast, Trading and Analysis

January 13th - FTSE 100 still in the resistance area https://uk.investing.com/analysis/ftse-100-is-approaching-resistance-200452002

December 3rd - FTSE 100 is approaching a resistance area FTSE 100 approaching a resistance area - Better Trader

September 30th - The S&P 500 completed a falling wedge which is a bullish pattern https://www.bettertrader.co.uk/blog/2020/09/sp-500-completed-a-falling-wedge.html

 

 

 

Before a new bull market can start we need to see extreme pessimism, we have not seen it yet. Look at the cycle on this chart we are a long way from extreme pessimism.

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