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.
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Monthly FTSE 100 Future Chart