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FTSE 100 holding support for a possible further upside – FTSE 100 Market Outlook – 01/10/2020


The FTSE 100 continued to print lower highs, however continues to hold above our 5885 support level as on one hand the UK faces tighter Covid-19 rules, while on the other, the EU accelerating the review of the Oxford vaccine, fresh U.S. stimulus hopes and upbeat economic data sparked gains in global equities. 5885 key support level to direct today’s trading session, as a failure to print lower will boost bullish momentum.

Support: 5885/ 5800
Resistance: 5985 / 6050

SquaredFinancial Daily Market Outlook


Source: https://www.squaredfinancial.com/learn/daily-market-outlook/ftse-100-holding-support-for-a-possible-further-upside-ftse-100-market-outlook-01-10-2020
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