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FTSE 100 Future Aims for Key February Targets at 6907.5 and 6995/7000!!

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FTSE 100 Future Aims for Key February Targets at 6907.5 and 6995/7000!!

Another new recovery high Wednesday after a bullish outside pattern Tuesday has reinforced the firm push higher late last week, with the rebound from ahead of 6671.5 to leaves a more bullish theme for the week and latter February. 

Bigger picture, this continues to reinforce the early February robust push above 6833, the 2014 secular high on the Daily Continuation Chart.

Short-term Outlook - Upside Risks: 

  • Above aims for 6907.5, the 2014 high on the Monthly chart
  • Latter February risk is up to the all-time high at 6995, just ahead of the key psychological 7000.
You can view the full FTSE 100 future report with screencasts, levels and day trade views - click here
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Monthly FTSE 100 Future Chart

b2ap3_thumbnail_ftse1_20150219-065451_1.png

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Steve Miley is The Market Chartist and has over two decades of financial market experience with him. He spent 2009-2012 as a Director of the FX Technical Analysis Research Strategy team at Credit Suisse and was previously at Merrill Lynch for 15 years; 10 years as a technical analyst, 5 years in Fixed Income sales.


He was 2013 winner of the Technical Analyst Magazine Award for Best Independent Fixed Income Research & Strategy, Runner Up for the same award in 2014 and was the winner of Best FX Research & Strategy 2012 (at Credit Suisse).


Steve is a Member of the Society of Technical Analysts (MSTA) and holds a Masters Degree in Politics, Philosophy & Economics from Lincoln College, Oxford University.


Steve has covered all major asset classes including Rates & Credit, G10 & EM currencies, Equity Indices & Sectors and Commodities and has strong relationships across the institutional financial trading spectrum, including Central Banks, Real Money accounts, Hedge Funds and other Global Corporates.

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