UK100 (FTSE) – Dips continue to attract buyers

Trade of the Day

Monthly: Holds within a bullish channel and trades around the mid-point of this channel. All-time high sits around 7900 area. For the last 4 months dips have attracted buyers. 

Weekly: A 5-wave Elliott Wave patterns looks to have recompleted at 7904. The move lower has found buyers close to the 50% pullback level of 6700 from 5494-7904

4-Hour:  Price action looks to …

Products You May Like

Articles You May Like

Sterling Pressured as Chaotic Brexit Fears Rise – 18 June 2019
SNB total sight deposits w.e. 14 June CHF 578.5 bn vs CHF 578.1 bn prior
Wall Street ends Friday in the red, but finished in the green for the week
As Broadcom plunges, taking chip sector with it, analysts urge calm: ‘The sky is not falling’
Gold Price Outlook Boosted by Renewed Political Risk, Oil Tanker ’Attack’

Leave a Reply

Your email address will not be published. Required fields are marked *