Analyse Technique et Conseils Boursiers

01/11/2012

Source : Reuters lire le PDF


With U.S. markets shut for Thanksgiving public holidays, volumes were expected to be thin. Just 7.5 percent of the 90-day daily average had traded on the FTSE in the first hour.

The rebound from last week's three-and-a-half month lows has somewhat brightened the technical outlook on the UK index, but it continues to lag other European bourses.

"Most definitely we will be testing once again the previous high - 5,920 points and possibly a little higher - by the end of the year ... (but) it is a lagging index and we expect it to lag more into the end of the year," said Valerie Gastaldy, technical analyst at Day By Day.

"The rest of Europe will easily pass the previous highs, maybe by 3, 5 or 6 percent, but on the FTSE I am not sure we can pass 6,000 points."

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