TipTVFinance

FTSE 100 - Is the index heading to 5300

FX:UK100   FTSE 100 Index
Monthly chart - Bullish Cypher in the making

All Cypher conditions appear to have been met. The D leg appears to have begun in April last year. (high of 7127 levels)

The 78.6% retracement comes to around 5284. The level almost coincides with 50% Fibo of 2009 low-2015 high level which comes around 5294. A break below 1.1196 preferably on day end closing basis would signal the downtrend from the high of 1.1616 has resumed.

English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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