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FTSE100 - Next hurdle at 127.2% Fibo extension

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  • There seems to be no stopping for the FTSE100 index. Fresh demand/buying interest below 5-DMA underscores the fact that sellers just don’t have motivation to enter the markets.

  • The index appears poised to test 6962 (127.2% Fibo extension of Feb 2011 low – Apr 2016 high – June low).

  • However, note the money flow indicator is overbought now… so caution is advisable.

  • Only a break below yesterday’s low of 6812 on day end closing basis would open doors for a technical correction.

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Equityftse100StockstradingUK100 CFD
TipTVFinance
更多:

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。