Ftse 100 index future technical outlook
Ftse spot on last trading session closed at 6968. This index is in uptrend and after breakout above 6820 in December 2016, futures achieved my first month swing target of 6970. Ftse daily chart price trend, patterns and indicators all are strong bullish and after small correction suggesting breakout and then upside up to 7140. This will be my second monthly swing target. Ftse future on downside has strong support zones at 6880 and then 6850. These will be fresh buying levels for traders. FTSE weekly chart is relative strong and suggesting big upside for this English market in longer terms. Expect 7550 to 7800 levels in next 6 to 12 month time period.