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UK100 CFD

UK - Alternative view to 4900: Ascending Channel upI think most are bearish following this descending channel. I had a previous target of 4900 which I hope for. Experimenting with an alternative as the market promises a decent upside. I have particular interest in this exact level: Hypothesis Investors are waiting for the Brexit outcome from the EU talks and US election which will weigh heavily on UK's fortunes. I'm expecting this point to hold to add weight to the being in a UKX larger ascending channel. - Is the ascending channel TA accurate - probably not but I want to at least identify a path upward. Best, Hard Forky
TVC:UKXLong
by hardforky
This is what global indices are showing us : Part 1 In this part I have looked at the nasdaq, S&P 500, UK, EURO & GermanDAX. nasdaq is showing distribution signs after a parabolic move to all time highs. This is a clear sign of a sharp reversal in the coming weeks. S&P is seeming like a false breakout and/ or short squeeze on a very conveniently timed vaccine news. Euro, UK & GDAX are at very critical supply zones and it would make the most sense to turn downwards from here. However, a violation of these levels means bear thesis is probably off the table. I welcome all sorts of feedback ! thank you :)
XETR:DAXShort
by markethunter888
2
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ULong
by RossTyler
30/10/2020 #FTSE Where next?FTSE looks like a bear flag is forming.But with yesterday's reasonable daily close, both sides can be played today. My blue zone - above 5587 for longs, target 5603, 5637, 5685. Be nimble and trail stops. I have a hunch we will see 5685, but hunch are hunch. Trade what you see. Below 5569, be short. 5539 should offer a bounce as it is yesterday's low. We might even bounce here and rally. Below are 5489. 5443 is strong support, should cap low of day.
OANDA:UK100GBP
by FadeMeIfYouCan
Are the markets losing faith on FTSE?The situation looks very dismal for FTSE100 as since June's High, the index has been trading within a Channel Down that has already lost almost 50% of the post March gains. Additionally, the MACD on the 1W chart just made a Bearish Cross. The whole sequence from start (Death Cross) until now, loos very similar to the 2008/2009 credit crunch. Have the markets lost all faith on the UK100 in order to push it to the 1.236 Fib as in 2009? ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
OANDA:UK100GBPShort
by TradingShot
2