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Footsie

Footsie Hasn’t Topped Yet; Shows Bullish PatternWe talked about Footsie back in May 2024, where we mentioned and highlighted an ongoing 5th wave in the weekly chart with space up to 8800 – 9400 target area. Footsie a.k.a. FTSE100 or UK100 stock market index is still bullish with nice and clean inverted H&S pattern on a daily chart. After a higher degree A-B-C correction in wave (4), it can be getting ready for a bullish continuation within wave (5) by a new lower degree bullish setup formation. With sharp leg up into wave 1, we are actually tracking an a-b-c pullback in wave 2, where subwave »c« is coming out of subwave »b« triangle, so ideal support is at 8100 – 8000 area, from where we should be aware of a bullish resumption for wave 3 of a five-wave bullish cycle.
ICEEUR:Z1!Long
by ew-forecast
Footsie Is Trading In 5th WaveWe have been talking for a long time about bullish UK stock market index FTSE100 a.k.a. Footsie. We also shared the chart with our members more than a year ago, where we were tracking wave 4 correction within an ongoing five-wave bullish impulse. After a longer sideways consolidation, it turned out to be a bullish triangle pattern in wave 4, but as you can see, it’s now finally and nicely extending higher for wave 5 as expected. There can be space even up to 8800 – 9400 target area, just watch out on short-term pullbacks.
ICEEUR:Z1!Long
by ew-forecast
FTSE 31st MAY 2022OANDA:UK100GBP have no power to breakout above the highest resistance area Aug 2019 - Jan 2020. Last month UK100 was bearish to the diagonal trendline support, and returned to the horizontal resistance area . However, at the end of 2021 there was a bearish divergence signal. where the price is bullish but the flat indicator value tends to bearish. Bearish potential on the UK100 Weekly, Check this out : UK100 Weekly Timeframe. According to the stochastic 5 3 3, it seems to be back in the overbought area, it will be strengthened to bearish if the indicator crossover.
OANDA:UK100GBPShort
by DNP-FX
{SWC} FBM KLCI/Malaysia 30, Closing Bell (real) 14th Apr 2020 Thank you for your continued support! :) FTSE Bursa Malaysia KLCI closed higher 15.63 points at 1.15% today. I just noticed the previous idea was titled wrongly because I referenced my PC's time at midnight. Asian indices were generally in the green today as China released better than expected trade data. The FBM KLCI staged a breakout at the 1360 region short term resistance and pressed onward to the 1370 region of resistance. As this was recent high on 9th Apr (1371), some volatility is expected from potential profit taking. The KLCI retraced a few points but managed to close just barely above 1371 for a technical breakout. For reference, the high on 13th March was 1369. Bullish targets for the short term include 1383 and 1403. The 1402-1404 region should be more important given it is the junction of both hourly and 15 minutes Fibonacci extensions. For the medium term, the region around low of 12th March confluences with the MA on daily chart making 1420 a key potential resistance to take note. Short term support remains at the 1353 region, while the key Fibonacci levels between 1371 and 1353 have potential for forming new supports. 1317 still stands as the more medium term support region. Stay safe, everyone :)
FTSEMYX:FBMKLCI
by ShareWorldConsulting
{SWC} FBM KLCI/Malaysia 30, Closing Bell 14th Apr 2020Thank you for your continued support! :) This Monday, the FBM KLCI main index closed 0.11% or 1.47 points lower. HKEX is closed for Easter Monday, and the US markets don't open until at night XD. Overall, KLCI was in sideway movement today. The bears teased the 1350-1353 region, but a quick support was found as the KLCI touched today's lowest point at 1352.78, leaving a long lower shadow on the candle. On the 15 minutes chart, we further project a series of intraday fibonacci key levels and found that the 38% at 1359.78 was putting up some resistance as the KLCI tried to move higher in the afternon. Will the 1350-1353 support hold next time? Stay safe, everyone :)
FTSEMYX:FBMKLCI
by ShareWorldConsulting
FOOTSIE 100 POTENTIAL SELL!GOOD AFTERNOON TRADERS, ITS GOOD TO BE BACK! HERE WE HAVE A POTENTIAL SELLING OPPORTUNITY ON THE UK STOCKS. THE CURRENT DAILY PRICE ACTION IS A BEARISH ENGULFING AND IF FINISHES THIS WAY WILL CONFIRM ENTRY BUT I'D STILL LIKE MORE FROM CANDLES FOR A STRONGER CONFIRMATION. IT HAS MULTIPLE CONFLUENCES FROM A TECHNICAL STANDPOINT TO BACK UP THE SELL AND ACCOMPANIED WITH A GREAT RR. FROM A FUNDAMENTAL STANDPOINT UK STOCKS HAVE BEEN RALLYING AND HAS HAD A LOT OF BULLISH MOMENTUM PARTICULARLY IN THIS STOCK. SUCH AN IMPULSIVE MOVE UPWARDS IMPLIES A LOT OF VOLUME AND BULLISH STRENGTH SO TAKE IT EASY WITH THIS ONE AND USE UNDER 1% RISK AS COULD STILL CONTINUE TO RISE.
TVC:UKXShort
by CoinCaller
UK Recession - Has it already begun??? - FOOTSIE100I don't usually do this, but I wanted to start tracking the footsie100. I am going to keep it short and sweet for now because I don't want to get assassinated by the UK government LOL. From where I stand, the recession is in full swing. Look at the first cross of the 30-day VWMA over the 90-day VWMA on the 31st August and look at the potential cross again at our present day. At our highest price of the year on 23rd April, you can see this is a lower high. With the VWMA forming what could be another cross I don't know how there is going to be an improvement to the current outlook. You can now join the private IONIC Capital telegram group, where I am building an open community to talk about investing and capital preservation. IONIC Capital Telegram Plus, check out the blog, remember to like this post and follow me on Tradingview. LITTLE BIG MOVEMENT LATEST BLOG Remember indicies are a collection of many stocks. If this index hits lower prices, share values will decrease, and companies will be struggling to raise capital from our sources. let me know your thoughts on this one "Patience is the key to any market" - Nathaniel. Thank you for your love and support. Regards Nathaniel - "The value Trader" Little Big Movement / IONIC Capital
OANDA:UK100GBP
by Little_Big_Movement
FTSE: Don't Say You Weren't Warned! +643.5 Points ProfitsSo how many of you were surprised and got caught off guard with the recent market bloodbath? Be honest! Were you all surprised about it? If you weren't and you cashed in on this massive drop, congrats! As for me, I warned about a coming BIG MOVE way back on January 9th on my site to the people who trusted me that this was coming and issued a SELL recommendation to them. And BOY! Did it pay off for them! If you trade indexes, then you know what kind of profits were made on this. Here's what I posted here on January 29th as well: " FTSE: Set For A BIG Fall! Could Be Worth 600+ points! So Far +82 ". Did you listen? If you did, congrats to you! But now that this has happened...what now? Well, what this massive drop has done is to launch the Footsie into a corrective phase. As my wave count shows, the highs were the end of a long wave 3. What follows a wave 3? Why of course...a corrective wave 4. This drop was only the first salvo fired in this wave 4 and this means that prices are heading even lower than the lows of this spike down. But as with any corrective wave, things are not going to be crystal clear as to the how this correction will unfold and where and when the good trading opportunities will present themselves. I am constantly analyzing and re-analyzing this and many other indexes and trading instruments and I update my charts to my followers daily. Unfortunately, I don't have the time to post them here. PM me if you want to know how to get the updates.
TVC:UKX
by EverythingForex
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