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An unexpected large move has occurred on FTSE 100 1 hour chart! Is this a sign of something new? What can we expect?

FTSE 100 rose sharply for 5 days – which is an excessively big movement for this instrument; exceeding the 98% of past price moves. Even if this move is a sign of a new trend in FTSE 100 there is a chance that we will witness a correction, no matter how brief.

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We expect RTY to trend downwards today with a 66.67% chance.

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Gold Spot – approaching a resistance line that has been previously tested at least twice in the past

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