FTSE Monday morning

Reformation

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Hope everyone had a good Christmas.

Whats your thoughts on the opening tomorrow, big up or down movement?
 
Very likely up a bit, as the US closed higher on 26th while we were closed. I am flat but we should all know already what we will do if the market does certain things.

I suspect we will have another day with a narrow range and low volume. This also suggests the open will be within Wednesday's range. Probably a dull day and it will be hard to make any significant points, for some not even worth the time to monitor prices.

Monday 5th could be much more interesting. Although volume might remain low, daily range could be much wider than what we have been seeing lately so I will be watching then. In past years the first trading day of the new year has had excellent ranges in spite of low volume.
 
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