FTSE100 – Rising trend line support intact, for how long?

TVC:UKX   FTSE 100 Index
The index staged a minor rebound from the rising trend line level of 6938 and closed at 6980.

However, that does not mean we are out of the woods yet. A daily close back above 7000 would add credence to the rebound from rising trend line and open doors for re-test of record highs around 7120 levels.

On the lower side, selling is seen gathering pace once the rising trend line is breached on the 4-hr chart. The support has shifted slightly higher to 6940.
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