TipTVFinance

FTSE100 – Eyeing bullish day end close

TVC:UKX   FTSE 100
UK’s mining heavy index FTSE100 is trading above the head and shoulder neckline level of 6793.

For further gains it is essential that the index sees a day end close above 6793.

Assuming the day end close is bullish , the doors would be opened for a rise to 6900-6910 levels. The daily RSI is breaching the falling trend line adds credence to the bullish view.

On the lower side, two consecutive daily close below H&S neckline would open doors for a much deeper retracement to 6600 levels.
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