TipTVFinance

FTSE100 could gap below H&S support

TVC:UKX   FTSE 100 Index
Sharp losses in the US equities on Friday followed by losses in Asian stocks amid rising long duration government bond yields across the globe could see the FTSE100 index open below the head and shoulder neckline level of 6750 levels, which is also the 100-DMA figure.

Break below neckline support of 6750 would open doors for a 100 point drop to 6650 levels. The daily MACD and RSI remain in support of fresh losses in the index.

On the higher side, only a breach of Friday’s high of 6862 would signal bearish invalidation.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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