FTSE 100 looking over bought however may continue to reach 8,000 in 2018, potential for a drop in price (Per the RSI) before continuing with it's climb upwards to it's target.
these markets are a joke!! fake markets !! this is due a drop!! it can't continue on nothing!!!
HiltonBritCapital
⋅
@smifflar, Yeah agree, it'll have to drop at some point, not enough buyers to keep it moving up without a few large drops along the way, (possible bubble territory).
andmk2
⋅
Spot on. Hope you traded it as you saw it.
HiltonBritCapital
⋅
@andmk2, We took a quick short trade, but we're mainly in for the long term so we're predicting it'll continue with it's climb upwards.