Get started

Ftse100

FTSE 100 doesn't appear to getting a v-shape recovery Over the last few days the FTSE has been ranging between 6,500-6,000. Monument (RSI) looks mild, and the 9 day average is right in the middle of the candle. The FTSE has jumped is above the bearish support which is a good sign, but it's too early to know if it's a fakeout or a breakout. This market is going to need some good news to break above the 6,500 range, maybe that will be provided by the Bank of England tomorrow, or the politicians by announcing some new job scheme. What is clear in the charts is that the UK is not currently pricing in a V shape recovery, prices are way off their all time highs with price consolidating. BP, BA, Land Rover and many other UK firms have announced huge job cuts, the current about of job variances are at record lows, all bad long-term signs for the UK economy and the FTSE100. The markets need stimulus from central banks and politicians, maybe they will get that later this week, otherwise there could be more pain to come in the coming weeks. If you enjoy my macro outlook on the FTSE, and have any comments, below leave them below, and give me a follow as I focus on other market such as gold, bitcoin, oil and the S&P.
TVC:UKX
by BangkokCharts
2
FTSE - Cautiously Bearish Bullish signals for Q2 and in each of the previous 3 weeks had been confirmed, but a near 1,750 Pt improvement since March’s 9 year low had left daily signals for sentiment overstretched and testing the 62% recovery to the entire 2020 sell-off, keeping last week’s signals just very cautiously bullish. An initial over 50 Pt improvement has in fact attracted profit selling, sentiment deteriorating by over 500 Pts from the top. The sell-off is probably corrective and temporary but in the absence of a buy signal the outlook for this week is bearish and the call is to sell on the open and then at 6204, Thursday’s Marabuzo Line with a stop loss at 6388.0, Wednesday’s top. Targets are to 5993, Friday’s Low, 5888.0, the 22nd May base and 5645.0, May’s low trade.
TVC:UKXShort
by ThreeCAnalysis
🥊Not even Winston Churchill can save the FTSE from free-fall🐻The FTSE 100 chart on the monthly looks pretty bad. We can see bearish divergence since 2007, with the market rally going off very little momentum, it briefly touched the oversold area once in 12+ years, which shows a lack of strong buying, and a bubble in the market. The first 2 arrows show the FTSE toying with the idea of breaking the Ichimoku Cloud (a versatile indicator that defines support and resistance), with the financial arrow showing that we dropped right through it. The bubble has now popped, the question is can we re-inflate it? What's happening in the UK right now on the macro front - Lockdown fully ends around July 4th - Locals scared to leave the house - 6 month mortgage holidays and credit card debt - Furlough scheme is the only thing keeping people off the streets from rioting - Businesses that were unprofitable being bailed out - Brexit - Peaceful protests UK is a nation built on debt, nobody has savings (well very few). This can be seen with 6 month mortgage holidays, the UK government paying people to stay at home and not work, badly run businesses getting bailed out. Even the airlines cannot lose a month without going under. With fear and lack of growth, where is the UK going to get power to recover from its all-time highs? When the furlough ends, many on it will lose their jobs. And when the mortgage holidays end and people have no money to pay for it, what will happen next? I see lots of down-side. There are a lot of bear cases for the FTSE 100, and very few positives. The UK will need a sharp rebound, V-shaped for the FTSE to keep moving upwards. For now, the rally is based on hope and government stimulus, which is moving us up, will it continue?. If you like my macro view on markets, check out my other charts as I often give macro updates on major markets like Gold, S&P, oil etc.
TVC:UKX
by BangkokCharts
NAS100 / Projection on OpenGreetings TradingView! How is everyone doing? Analysis: It looks like NAS is forming a very classic NAS letter the big M After the M is formed, we are more than likely to see NAS begin the climb to 9200 finally. However, this is providing it does form this damn letter and there are no more surprises like detergent drinking. But with the surprises last week and the amount of bad press poor Trump received over the weekend we are more than likely to see NAS drop on open. Hoping to secure 3100 pips in this position. But this is my outlook.
FX:NAS100Short
by UnknownUnicorn5989561
#UK100 #FTSE100 Is Falling From Our ZoneTraders, FTSE100 (UK100) index is also falling from our zone. We need to wait for a cross of this zone and retest to enter short. ____________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
OANDA:UK100GBPShort
by vikinsa
#UK100 #FTSE100 Weekly Analysis - More Downside Or SidewaysTraders, UK100 (FTSE100) gave us very good opportunity to short. It was easy to spot and trade and very predictable. Using our fibonacci confluence based analysis we were able to spot the zone and trade it profitably. Now we can expect more sideways movement. But there is a case for short entries too. _________________________________________________________________________________________________________________________________________ Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together. Disclaimer: The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. _________________________________________________________________________________________________________________________________________
OANDA:UK100GBPShort
by vikinsa
#UK100 #FTSE Has Reached Its Profit Target As ExpectedTraders, FTSE 100 (UK100) Has Reached Its Profit Target As Expected. This was highly accurate, easy and quick trade with 149 points taking only 2 days. That is the accuracy and power of Fibonacci confluence pattern trading. They are predictable, pre-plannable and profitable. If you found this useful hit the like button, subscribe to my channel and share this with other traders. Comment on the post to let me know what you think of them. Have a great trading week! P.S. (This is for education only. Not a financial advice or signal.)
OANDA:UK100GBP
by vikinsa
S&P 500: Sellers may defend current levelsHere's a comparison between the S&P500 and the FTSE 100, although most other major indices could also be used (DAX, CAC, etc.) The FTSE is having difficulties to reach fresh marginal highs, which may provide some hints for today's S&P 500 open. S&P reached the 61.8% Fib level on the daily, which aligns with a strong resistance level (possible triple top). The recently-broken bearish wedge may also provide some resistance for further upside movements. The real question we need to ask is are stocks currently overvalued? The US lost a record 20+ million jobs in March, with many SME firms facing bankruptcy. GDP contraction may also be significant and up to 30%, according to Fed's Powell. Bulls need to be cautious during these times. Like our analysis? Please hit the "LIKE" button, comment and share. Thanks!
SP:SPXShort
by MujkanovicFX