FTSE100 – Bearish RSI divergence on weekly

TVC:UKX   FTSE 100 Index
The FTSE 100             is set to the end the week lower. Prices failed to hold gains above 7100 levels for the second week, while the losses were capped around 6930 area for the third straight week.

Nevertheless, the weak closing would confirm bearish price RSI divergence. That would add credence to the breach of the rising trend line drawn from the June low and September low.

Expect upside to be capped around 7000 levels next week, while selling could gather pace below 6930 area.
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