Many good points made by Sheldon and Darren.
Will FTSE 100 hit 10,000? Chances are high – but not 100 percent – that the UK large-cap index will hit that five-digit mark sometime next year.
The more important question, though, is this: Will it stay there?
Chartwise, the index is in a strong position. The upside breakout this year is the first decisive, upward move in decades.
When a financial instrument rallies to new price highs, further gains are likely. This is the well-known “momentum effect” in stock markets. Strength begets strength.
If FTSE 100 ends 2026 in the black, it will the be the sixth annual positive return since 2021. This is quite a remarkable run.
Will we see a pullback below 10K once the Footsie reaches that milestone? That is also a possibility. Profit taking, an economic slowdown, or a crash in the AI bubble in 2026 – are all negative factors that may tank UK stock prices over the next 12 months.
For now, the base case is that FTSE 100 will continue to drift upwards, to new highs, over the medium term. Whether the index can close with another blue candle is harder to say.
