Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is currently trading in ascending channel. The share is currently trading below the level 6000. The upward move has been interrupted since May 12. Each time the market tests the resistance level the price will fall above 5800. Buyers […]
Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BullishFTSE 100 is currently trading within ascending channel. The current momentum is rather slow. The share has been making a series of higher highs and higher lows. The last higher low was above the support line. Certainly, the price must make […]
Resistance Level: 7500, 7600, 7700 Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: Bullish Since the last bearish impulse at the low of 5000, price has been making a series of higher highs and higher lows. Today, the share is making a series of higher highs and it may surpass the previous high […]
Resistance Level: 7,500, 7, 600, 7,700 Support Level: 7,400, 7,300, 7,200 FTSE 100 (UKX) Long-term Trend: Ranging FTSE 100 stock is now in range-bound movement between 7,000 and 7,600. The bulls will turn down after testing the resistance at 7,600. This has been the scenario since July. The stock also finds support at 7,000 when […]
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