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TipTVFinance TipTVFinance UKX, 240,
UKX: FTSE100 – Could revisit rising trend line support
29 0 0
UKX, 240
FTSE100 – Could revisit rising trend line support

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 ...

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