FTSE (UK 100 Index) Amid FallsShort side bias has flooded in via the negative outlook building on the UK economy.
Fears of halted growth are trickling in off the back off poor data.
Here's my bias.
About FTSE 100 Index
The UK Financial Times Stock Exchange 100, more commonly known as the FTSE 100 or 'Footsie', is an index of share prices of the largest 100 companies listed on the London Stock Exchange (LSE) by market capitalization. The index was launched on January 3, 1984 at a base value of 1000, and the index level is calculated in real-time. The FTSE 100 represents approximately 81% of the entire market capitalization of the LSE, and even though it doesn't encompass the whole market, it is widely viewed as the best indicator of the heath of UK stocks. In recent years, however, given the uptick in international companies counted in the FTSE 100, this particular market index is no longer viewed as the best health indicator of the UK economy - that goes to the FTSE 250, which has a smaller proportion of multinationals among its constituents.
UK100- PREPARE TO GO LONG FOR RECOVERYTeam,
earlier we sent out to sets limit long order for UK100 at 8182-96
however the price is now at 8206, still good entry
We will add more at 8152-65
Target 1 at 8222-36
Target 2 at 8255-63
UK100 / FTSE100 Indices Market Bullish Heist PlanHi there! Dear Money Makers & Robbers, 🤑 💰
Based on Thief Trading style technical analysis, here is our master plan to heist the UK100 / FTSE100 Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, ov
Bullish bounce?UK100 is falling towards the pivot that aligns with the 61.8% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 8,191.43
1st Support: 8,140.90
1st Resistance: 8,284.80
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade w
Bullish bounce?UK100 has reacted off the pivot and could rise to the 1st resistance.
Pivot: 8,062.33
1st Support: 7,995.40
1st Resistance: 8,178.42
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CF
UK100 Short Term Sell IdeaH4 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
4-hr UK100: Possible 100 points DropSince November, the UK’s major stock index gained nearly 400 points but began correcting downward on Monday, December 9. Early buyers from November are now taking profits, triggering this pullback. In recent hours, the UK100 fell below 8230, aligning with the key 38% Fibonacci retracement level, sig
Could the price reverse from here?UK100 is reacting off the pivot which has been identified as an overlap resistance and could reverse to the 1st support level which is a pullback support.
Pivot: 8,316.78
1st Support: 8,234.92
1st Resistance: 8,371.78
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capi
My expectations for FTSE 100!Hello guys,
** the index broke an important downtrend line and surged to up after then currently is taking a rest inside an ascending triangle, once it will break to up, it will go to that target regardless any bearish retracement you would find on the way
** The index is meant to go to higher than
See all ideas
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Frequently Asked Questions
FTSE 100 Index reached its highest quote on May 15, 2024 — 8,476.5 GBP. See more data on the FTSE 100 Index chart.
The lowest ever quote of FTSE 100 Index is 4,786.0 GBP. It was reached on Mar 23, 2020. See more data on the FTSE 100 Index chart.
FTSE 100 Index 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 FTSE 100 Index futures or funds or invest in its components.