TipTVFinance

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

TVC:UKX   FTSE 100
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.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out