FTSE for Friday: which way is the FTSE 100 heading?
Now trading at a three-week low, independent analyst Alistair Strang explains what he thinks will happen next to the blue-chip index.
6th March 2026 07:46
by Alistair Strang from Trends and Targets
A couple of things about recent FTSE 100 movements are noteworthy.
On Tuesday 3 March, the FTSE achieved a low of 10,406. On Thursday 5 March, it achieved a low of 10,402. Thus, a lower low was created, a concept solidified by the FTSE 100 closing at 10,414 points, solidly below the immediate uptrend.
To us, the implication is to anticipate further reversals in the days ahead.
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If the FTSE intends to improve upon its immediate negative suggestions, above 10,515 points feels like the safest signal, calculating with the potential of a lift to an initial 10,535 with our longer-term secondary (or minutes later!) working out at a more impressive 10,653 points.
If triggered, our tightest stop for this scenario looks attractive at 10,475 points.
Have a good weekend, enjoy the Grand Prix, and if enjoying weather similar to Argyll, buy a boat.
Source: Trends and Targets. Past performance is not a guide to future performance.
Alistair Strang has led high-profile and "top secret" software projects since the late 1970s and won the original John Logie Baird Award for inventors and innovators. After the financial crash, he wanted to know "how it worked" with a view to mimicking existing trading formulas and predicting what was coming next. His results speak for themselves as he continually refines the methodology.
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