Market Video Overview: FTSE 100 Futures
Tim Fairweather’s weekly report on the FTSE 100 futures market.
We are piloting video reports for FTSE 100 and DAX 40 this week. Let us know below what you think to to this when compared to written reports.
Summary
Tim Fairweather provides a detailed analysis of the FTSE 100 futures market in his weekly report. He notes a significant bearish trend from the previous week, characterized by a strong downward movement following a bearish bar opening.
Despite a brief bullish spike leading to a new all-time high, subsequent trading encountered challenges, with bulls struggling to sustain momentum. Tim anticipates continued sideways movement, highlighting the potential for a gap down at the start of the week due to bearish bar positioning.
The daily chart shows a pattern of consecutive lower highs, indicating a bearish micro-channel formation. He discusses the market’s current position within a trading range, with potential scenarios involving further downward movement or consolidation.
Tim concludes by emphasizing the importance of waiting for clear trading signals amidst current market volatility.
Market analysis reports archive
You can access all weekend reports on the Market Analysis page.
