Ftse100 long term forecast - Speculative 07May2010

by Kenny
(tradersdaytrading.com)

Ftse100 long term forecast - speculative

Ftse100 long term forecast - speculative

Whilst we are back to day trading, it is impossible to form a sensible trading plan for trading Ftse100 without a long term forecast.

Although very speculative, this is now the preferred course that we will be looking to trade on the back of.

Our call was that we were in the first leg of a larger correction down and as you can see, our best guess is that is complete and we will now have some time to mark.

Because it is speculative, trades will be based on short term analysis trade set ups within our bigger picture ftse 100 forecast.



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