cfetrader
Short

FTSE trend reversal ?

FX:UK100   FTSE 100 Index of UK Listed Shares
118 0 2
It appears that FTSE 100             UK since 2000 is in an extended W-X-Y-X-Z correction wave formation, of which the last Z wave is still missing for completion. Furthermore the trading range is rather well defined covering the levels of 3270 to 7000+ approximately. For the future trend, the level of 7000 is absolutely critical and therefore a very close observation is warranted concerning index variations around this level. At present, the blue rising line (3) has been broken, plus traces of negative divergence may be found in the Laguerre RSI and the Bressert stochastic indicators.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out