Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 (UKX) is in an upward move. The uptrend was stalled at level 7220. Since May, the overhead resistance at level 7200 has not been broken. Today, buyers are pushing to retest the same overhead resistance level. A break above […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingFTSE 100 (UKX) is in an upward move as price tested level 7200 overhead resistance. Since August 12, the uptrend has been stalled below the resistance. The index has retraced to level 7120. Presently, the index is fluctuating levels 7120 and […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingSince July 19, the index has been in a downward move as it fell to level 6845. On July 20, the bulls bought the dips as the index resumed upward. Today, the upward move has reached level 7220. Further upside is […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingUKX index is retracing after retesting level 7200 resistance. Buyers have retested the resistance on four occasions but were unable to break above it. UKX will fall as it faces rejection from the recent high. The current uptrend has reached the […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: RangingUKX index has been in a sideways trend since May 7. Each time, the resistance at 7200 is tested the index will fall to the support above the 21-day SMA or 50-day SMA. Today, the market is rising to retest the […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index is making an upward move. The index is rising to retest the overhead resistance at level 7200. If the bulls break the overhead resistance the upward move will resume. In the previous price action, the index has been in […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index upward move has been facing rejection at level 7200. Since May 7, the resistance at level 7200 is yet to be broken. Meanwhile, on July 13 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index is in an upward move. Since May 7, buyers are yet to break above the level 7200 resistance. Meanwhile, on July 7 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that UKX is […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishUKX index is in an upward move. Presently, UKX is facing rejection at level 7200. On June 17, the index was repelled as the market declined to level 6990. The index is recovering as it resumed its upward move. Meanwhile, on […]
