You can see from our support line ( green line ) that this is a VERY strong level that price has bounced of many times, Price has also bounced off this level this week and we can see a run up to our resistance zone ( green box )
Of course surrounding Brexit and businesses not knowing how the deal or no deal will affect them and trading then you have to be cautious trading the FTSE 100 as this is comprised of 100 companies listed on the London stock exchange with the highest market capitalisation, So any laws that stop these businesses earning will drastically affect the FTSE 100 price.
We suggest trading this with a very tight SL, but we can see this been a very nice opportunity to go long and make some decent money.
p.s don't actually sell your house you moron ;p
Of course surrounding Brexit and businesses not knowing how the deal or no deal will affect them and trading then you have to be cautious trading the FTSE 100 as this is comprised of 100 companies listed on the London stock exchange with the highest market capitalisation, So any laws that stop these businesses earning will drastically affect the FTSE 100 price.
We suggest trading this with a very tight SL, but we can see this been a very nice opportunity to go long and make some decent money.
p.s don't actually sell your house you moron ;p