Market Analysis – October 2 The FTSE 100 index remains in a long-term consolidation phase, fluctuating between the demand zone at 8200.0 and supply zones at 8318.0 and 8405.0 since May. This consistent movement creates various trading opportunities for scalpers and range traders. FTSE 100 Key Levels: Demand Levels: 8200.0, 7910.0Supply Levels: 8318.0, 8405.0 FTSE […]
Market Analysis – September 25 The FTSE 100 index continues to face difficulties as it fails to breach the crucial resistance zone at 8371.70 after six attempts by buyers. This level has kept the market in a prolonged consolidation, limiting any upward progress. FTSE 100 Key Levels Demand Levels: 8166.90, 8009.50, 7749.40 Supply Levels: 8371.70, […]
Market Analysis – September 19 The FTSE 100 index has struggled to break above the resistance level of 8,371.720. Each rejection from this resistance zone has driven the price down to the bullish order block at 8,167.0. FTSE 100 Key Levels Demand Levels: 8,167.0, 8,010.0, 7,899.0 Supply Levels: 8,372.0, 8,474.0, 8,500.0 FTSE 100 Long-term Trend: […]
Market Analysis – September 12 The FTSE 100 index has struggled to break through the critical resistance zone at 8371.0, resulting in a consolidation phase. Despite multiple attempts to push past this level, the market has repeatedly faced rejection, leading to a retreat towards the bullish order block at 8167.0. FTSE 100 Key Levels: Demand […]
Market Analysis – September 5 The FTSE 100 remains trapped within a tight range, with price action unable to break out between the key levels of 8414.0 and 8236.0 for over two weeks. This stagnant movement has resulted in a market range, signaling indecision among traders. Both bullish and bearish attempts have failed to gain […]
Market Analysis – August 29 The FTSE 100 index, in August, experienced a sharp and volatile price crash. Within just three days, the market plunged nearly 6%, reflecting intense selling pressure. However, the market has since rebounded, forming a bullish market structure as it now targets the swing high that initially triggered the downturn, offering […]
Market Analysis – August 25 The FTSE 100 index has been on a consistent upward trend, gaining momentum after finding strong support at the 7917.0 demand level. This bullish push showcased the index’s strength as it climbed toward key resistance areas. However, the upward momentum was halted upon encountering a critical bearish order block at […]
Market Analysis – August 13 The FTSE 100 index recently encountered a bearish mitigation block following a false breakout above a bullish channel in late July. After this breakout, a retest of the channel in early August led to a new high, but the price subsequently experienced a significant decline. This drop was driven by […]
Market Analysis – August 7 The FTSE 100 index initially experienced an upside breakout, followed by a retest and the formation of a swing high. This price action suggested a potential continuation of the uptrend. However, contrary to expectations, the price then sharply declined, plunging to the demand zone at 8009.50. FTSE 100 Key Levels: […]
