TipTVFinance

FTSE100 – Today’s day end close is important

TVC:UKX   FTSE 100
Support – 6654, 6615-6600, 6476 (100-DMA)

Resistance – 6723, 6764 ( H&S neckline), 6800

Overnight action isn’t exciting

US stocks surged following dovish comments from Fed’s Brainard. Meanwhile, Asian stocks opened higher, but failed to hold onto gains and fell back into losses.

Consequently, FTSE100 may either open higher and retreat or open with losses.

Overall, today’s day end close is important. A day end close below 6764 ( H&S neckline) would add credence to yesterday’s bearish break and open doors for 6500 levels.

On the higher side, only a recovery above 6764 would signal bearish invalidation.
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