TipTVFinance

FTSE100 – Could revisit rising trend line support

TVC:UKX   FTSE 100
The retreat from the high of 7055.2 has established a falling trend line as seen on the 4-hr chart and amid the bearish 5-DMA and 10-DMA crossover could yield a re-test of the rising trend line support seen today at 6953. A daily close below the same would mean the recent record high is unlikely to be challenged in the short-run.

On the higher side, only a breach of the falling trend line on 4-hr chart would open doors for a revisit to record high of 7129.8.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out