FTSE 100 : HIGH IN THE SKY- The market still trades above a bullish trend line since mid-February 2024, strongly helped by a decreasing Pound Sterling. The mid-term trend is bullish for UK equities.
- Since the 3rd impact on its bullish trendline at the end of last week, the market has rallied to an hall-time high above 8,0
KOG - FTSE Quick post from us on FTSE. We're looking at these higher levels for a RIP potential, if we can get it we're looking to take this down into our active targets.
We'll update as we go along.
As always, trade safe.
KOG
UK100 index is showing trend reversal.Chart is showing bearish divergence.
Head & shoulder pattern is visible at recent HH which is also a bearish pattern.
So we can take entry at the break of neckline as that point will confirm trend reversal.
FTSE Target hit. Can it go even higher?FTSE100 (UK100) hit today our 8150 Target, which we set a month ago (March 20, see chart below):
Since last week the 1W candle closed (much) higher than the February 2023 Resistance, we see the pattern continuing its strong resemblance with the October 2022 - February 2023 Bullish Leg. The long
UK100 - H&S a potential bearish reversalUK100 was bullish mood so far. But a possible head and shoulder pattern forming at the top might change its mood and reverse the trend. We have a buying opportunity at break of neck line. Lets see how price unfolds!
UK100 DUMP ITX2 sell postions on UK100 both targets and SL visible. BOS has occurred in a breakdown of the trend line and smaller TF double top allowed for a safer based entry
Roaring 20's #FTSE100 to meaningfully outperform UK HOUSINGA BOLD prediction --- possibly to some people
But I stand by this chart as a roadmap where I see #UK equities outperforming
against the cash cow that has been UK #Housing
The how's and what's and why's are unimportant
But the key thing is for younger people struggling to get into UK housing
Inv
Weekly Analysis of UK100 Butterfly 🦋 the detail is shown in the above Idea.
I made this Idea based on Candlestick Analysis and Harmonic pattern using Fibonacci tools.
In the context of financial markets, the phrase " pull back to last golden level and flying UK100 butterfly to next golden level at 8320 " suggests a potential upwa
FTSE(UK100As I see it, as long as we stay above 7600-7700 a pump to 8k is a lot more likely as there's evidently buyers in the market keeping the FTSE floating, where as a break below will send this south (7400 or lower).
See all ideasÂ
Frequently Asked Questions
UK 100 (FTS) / British Pound is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy UK 100 (FTS) / British Pound futures or funds or invest in its components.
The lowest ever quote of UK 100 (FTS) / British Pound is 4734.5Â GBP. It was reached on Mar 23, 2020.
UK 100 (FTS) / British Pound reached its highest quote on Apr 26, 2024 — 8180.8 GBP.