FTSE100: Sell below breakout

FX:UK100   FTSE 100 Index
96 0 5
Major intraday resistance – 6080 (hourly Kijun-Sen)

Major support – 6000 (Mar 10th 2016 low)

The index has broken minor support of 6048 (May 19th low) and declined till 6015 at the time of writing.

Any violation below major support will drag the index down till 5875 (161.8% retracement of 6048 and 6323)/5845 (Feb 24th low).

On the higher side resistance is around 6080 and any indicative break above targets 6140/6200.

Overall bearish invalidation only above 6435 ( Apr             21st high).

It is good to sell below 6000 with SL around 6080 for the TP of 4875/4845
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out