Peet_Serfontein

FTSE100: some upside potential?

Long
TVC:UKX   UK 100 Index
Testing major resistance.
A price action above 7390 supports a bullish trend direction.
Crossing below this level will negate the bullish bias.
Trend strength indicates a strong trend that is gaining strength.
RSI leaves enough room for further upside price potential.
Remains above its 200-day simple moving average.
Keep your exposure small.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.