FTSE Forecast November 30, 2015, Technical Analysis

The FTSE fell initially during the course of the day on Friday but found enough support at the 6350 level to turn things around and form a bit of a hammer. The hammer of course is a bullish sign, so we can break above the top of the range for the day we feel that the market will then grind its way towards the 6500 level given enough time. With no interest in selling and we believe that there is more than enough bullish pressure underneath the keep this market going higher, eventually breaking out..