UK100 Analysis &Trade Plans Trade Plan A
1- A strong support area
if the price gets rejection then go for long
Trade Plan B
1- If the price breaks the
above support then go for short
at the new HH
UK100 CFD
uk100What is the UK100?
The UK100 index is a capitalisation-weighted share index that comprises 100 companies listed on the London Stock Exchange with the largest full market value. Founded in 1984, the UK100 index has since superseded the FT30 index as the foremost benchmark of UK equity.
Europe&Japan to perform better than USA from now on, 3-UKComparision of "FTSE (UKX) in USD dollars" to "SPX".
I am publishing the same for all (please see my other analysis): Germany, UK, Japan.
I ignore all the fundamentals and only make technical analysis. Fall of EUR&GBP&JPY and their stock market's negative divergence compared to USA (SPX) is about to end, I believe.
Important: This doesn't mean that the equities&indices are going to rise from now on. My analysis only says: Europe&Japan will perform better than USA. Just because they are very cheap.
Watching both directionsLONG CASE
FTSE has found its footing from the lows of yesterday and has started to build a 30min higher low structure, with the most recent higher low coming very quickly after the recent swing higher. Would need to see a clear break of the 7080 level and a backtest of support with a bullish close before taking a position.
SHORT CASE
Price action has been beat over the past week and the recent budget announcement has done little to quell fears of further inflation. The technical perspective is this resistance line at 7080 which is the only local level we have until ~7200. Would need to see a clear rejection of higher prices followed by a bearish close.
Jamie Gun2Head Idea - Buying FTSETrade Idea: Buying FTSE
Reasoning: Holding major support on the daily timeframe, RSI oversold too. On hourly chart, RSI divergence and market opening strong today. Looking for a corrective move higher.
Entry Level: 7060
Take Profit Level: 7185
Stop Loss: 7011
Risk/Reward: 2.55:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Back to Square One, 14th Sep 2022🖼 Daily Technical Picture 📈
➤ A momentous day in markets, momentous to do downside that is. All the up momentum was snuffed out today. Prices in S&P500 have dropped back to the support level. As I previously mentioned, there were subtle hints of a drop. The big surprise is the degree of the drop we just experienced.
➤ The only good news is that prices have hit support levels. This could lead to a rebound of some kind. Also mentioned a few updates ago, this support level has never been a firm one. Prices have sliced through easily at times. IMO, this level may just hold.
➤ I reduced my short positions in SPX500 and DJIA to take some profit. I still hold DAX and EUSTX50 long positions. This meant I ended the day with my exposure at 0% (or neutral). I am hedged to a large degree. Profits or losses will stem from the degree that US markets out/under perform European markets. The maximum exposure is +/- 200%, the level of highest conviction.
➤ Conclusion: Downward bias worked in my favour. Both my portfolio and equity price levels are back to square one. I'm eager to see what happens next.
FTSE 100 Symmetrical Triangle Break up or downFTSE - 100
Symmetrical Triangle
As the previous trend was UP, there is definitely a better chance at the price breaking up and out of the Symmetrical Triangle formation which will head to the first target 8,400.
However, if the price breaks down, it will head to 6,256
Which way do you say it will go
UK100 H8: XABCD bulls buy/hold +15% gains(SL/TP)(NEW/SWING)Why get subbed to me on Tradingview?
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UK100 H8: XABCD bulls buy/hold +15% gains(SL/TP)(NEW/SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: UK100 8hour/candle chart review
::: bullish fractal in progress now
::: setup still valid as of today
::: XABCD BULLS point D/PRZ 6740
::: BUY/HOLD exit at 7700 points
::: BULLISH setup / more upside
::: strong seasonality for stocks later
::: reversal in October/November 2022
::: BUY/HOLD near my level for best results
::: BULLS should exit position near 7700 points
::: lower risk setup is BUY/HOLD near D/PRZ
::: strong bullish chart expect more gains
::: TP BULLS TP1 +500 points TP2 +1000 points
::: BUY/HOLD setup with great risk:reward
::: BULLS TP FINAL is 7700 points / overhead
::: recommend to BUY/HOLD 6740
::: recommended strategy:BUY/HOLD
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 6740 fresh demand zone
::: 7700 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/pullback
::: Sentiment outlook mid-term: BULLS
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
UK Recession voices and FTSE100UK inflation in double digit and it never been easy to cool down inflation above 5% or sticky for long, Winter approaching and peoples rising hands against Energy, Electricity bills while or easy money gone. Globally we can face hard time for two years while central banks saying everything ok.
Now world is more synchronize compare to 2000 and any bad news from any country effects whole markets.
UK100 Short Terms Sell Idea @ 1 Hour On 29-Aug-2022ABCD Pattern forming and the fact that previous double dropped approx. 170 points, UK100 is expected to test support to reverse from 7260.
Another fact is ABCD projection showing the exact support point @ 7260
The overall trend could still be bearish for next week, look for a second entry short to confirm, for now, a short-term sell till 7260 may work.
Buy @ 7390
SL: 7430
TP: 7360
UK100 short in next two monthsUk100 is always the odd one to trade.
I’m expecting this to fall to 6800 area in the next two months.
It won’t happen quickly, there is a major support at 7220-7080, and even stronger support at 6950-7000.
Look into previous years: September - November are statistically the weakest months for trading. It doesn’t mean this year will be the same but I would be very careful on going long now.
Despite what some might say, the economies are slowing down. GDP for last two quarters proves that(dictionary definition of recession). Good numbers on employment don’t mean sh** . When interests will go up more and more, people start to struggle to pay bills and mortages, losing jobs… and everyone will surprise that markets colapse!
Sure you can go long now, but if you expect ATH, I’m not sure if we can see that in next 16-18 months.
The recent rally was just a bear rally- powered by retail traders. I don’t see any reason to convince me otherwise at the moment.
I’m not a financial advisor, trading is risky, always do your own analisys before trading.
Joe Gun2Head Trade - Fading FTSETrade Idea: Selling FTSE
Reasoning: Initial rejection at 7493
Entry Level: 7468
Take Profit Level: 7375
Stop Loss: 7498
Risk/Reward: 3.06:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
FTSE100/ UK100 longHi traders,
Following an amazing bullish run in the direction of our Bearish Gartley, we anticipate the UK100 to continue being bullish until point D before shorting back to point B. This is an easy sell on the daily timeframe.
Please share your thaughts.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
UK 100 FUTURE LOOKING FOR CONTINUATIONFTSE 100 is looking good for continuation, it is trying to break through Resistance and hold as Support.
Channel Up for all of 2021 and half of 2022. Fell out of the pattern into an Ascending Triangle and hit Target 1 and 2.
Ascending Triangle complete and Target 1 hit.
If we fail to break current Resistance we will retrace to Targets 1 and 2.
Ferguson: Uptrend to resume?⏫VALUE BUY - Ferguson Plc - FERG
🔢Technicals
▪️Stock: Bearish
▪️Sector: Industrials - Bearish
▪️1 Month vs FTSE100: 3.91%
▪️3 Month vs FTSE100: -1.67%
🔠Fundamentals
🔸Overall Rank: 12/276
🔸Value: 71/276
🔸Quality: 35/276
🔸Momentum: 109/276
🔸Growth: 9/276
🔸Profitability: 25/276
🔹Entry Zone: 9216.00p - 9576.82p
🔻Stop: 8455.00p
▪️Target1: 10934.00p
▪️Target2: 12023.00p
▪️Target3: 13112.00p
BUY RATING: ⭐️⭐️⭐️⭐️
FTSE sell @borisjohnsonRisking 27 for 1136 pips. It may not give up so easy but, what if, Boris, and most likely, resigns today? What’s happening at the moment in UK’s politics is like cannibalism. One cannibal gets injured and the rest turn on them and devour down to the bone. It’s difficult to survive this orchestrated attack. Look for a power struggle between the remaining cannibals. The whole thing makes no sense. I think the ship is going down and the rest will be his-story.