Get started

Ftse100

UK'S FTSE 100The FTSE, as with so many others, has a nice wedge off the March lows. Like the S&P 500, the trend line from the February high to the June high remains intact. As a matter of fact, the FTSE rejected from it today. Hmm. Wow, the very long-term chart (below) looks depressing. It has gone virtually nowhere in 20 years. Over 30 years, it has taken the form of a fairly methodical upward-sloping channel with an RSI that was not surpassed by two subsequent higher highs in price (one eked out in 2015 and a slightly more robust one in 2018). I would expect us to revisit the lower channel, if the world markets fall apart, but perhaps that lower channel will serve at strong support (if we even get there).
TVC:UKXShort
by CHTradingGroup
🤔Can Boris & Rishi save the FTSE? Here's when to go long/shortThe biggest level on the FTSE100 charts is the 6,000 support, on the 4 hour, daily and weekly level this is an area of support. What does it mean if support is shown on a number of time-frames? It means everyone trading the FTSE100 has the 6k level on their charts, it's also a psychological level. The 6k level was tested 3 times in June, each time bouncing back, most likely trapping shorts who entered trades too early. The 6,500 level is weekly resistance, it tested it once and got rejected pretty hard. There are 3 cases for the FTSE100 going into July, I’ll start from bullish to bearish: Bull case (green line) – for me to to go long on the FTSE100, I’d like to see a clear break of the 6,500 level, and on any re-test of the 6,500 I’d be looking at long positions. Neutral case (blue line) – FTSE carries on consolidating between the 6,500-6,000 range. Bear case (white line ) – FTSE clearly breaks 6,000 support and re-tests it’s lows. Whether we move up down or sideways will depend on what type of recover we get in the UK, so far things do not look good and I'd lean towards a break of the 6,000 level before we break-through the 6,500 level. If I see any long or short trade ideas, I'll be posting them on TV, so be sure to give me a follow if you enjoy my charting and comments. Enjoy my idea? Be sure to give my account a follow as I cover all major markets including, gold, Bitcoin, silver, Forex and stock markets. Have a question? Feel free to leave a comment, I aim to answer all questions :).
TVC:UKX
by BangkokCharts
FTSE consolidation endingA triangle price pattern and RSI near 50 shows that daily FTSE is entering the final stages of consolidation. this means we shall soon see the next big candle move from the market. On the fundamental side things are looking bearish as virus cases spike again and IMF and Central Banks are being very negative regarding the economic recovery. The contrarian point is that potential stimulus, even more of it, could boost the stocks to keep indices from falling. In UK Boris Johnson said today that next week the Economy Phase 12 plan will be rolled out. He actually said the same thing in his May's speech, so I am not having much faith here. Many cities across the globe, including the UK, are starting to close again because of the virus spikes, so markets are very cautious and more on the bearish side. Please support the idea and share your thoughts on FTSE! Good Luck and Stay Healthy!
TVC:UKX
by Antonio_trader
2
When Stocks Go Down, So Does BitcoinBearish sentiment is affecting all markets today as investors appear to be de-risking, selling liquid assets for the safety of instruments like cash, said Neil Van Huis, director of institutional trading at cryptocurrency liquidity provider Blockfills. “Looks a little risk-offish on all risk assets across the board,” Indeed, major stock indices are all in the red Wednesday. In Asia, the Nikkei 225 of publicly traded companies ended the day flat, down 0.07%. Concern about increased coronavirus infection rates in Japan led to some selling pressure. In Europe, the FTSE 100 index dropped 3.1% Wednesday. The prospect of U.S. tariffs on U.K., French, Spanish and German goods dragged the index lower. The U.S. S&P 500 stock index lost 2.6%. The round of stock selling has been attributed to concerns of the coronavirus pandemic’s resurgence in some states. June hasn’t exactly been a winner for bitcoin so far, but it’s not like stocks were hot either.
TVC:SPX
by danielcawrey
FTSE UK Stock Index (There is no substitute for hard work.)View On UK Stock Index FTSE (23 JUNE 2020) We need to watch the two levels. One is 6,150 and the another one is 6,000. As long as these levels are not broken down, the index can drfit higher up. 65,00 region can be the next. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:UK100GBP
by SonicDeejay