FTSE 100 Summary for End Week 4 - 2019

TVC:UKX   UK 100 Index
FTSE lacking momentum one way or another

Technically we can see that the FTSE 100 remains negatively biased. The (orange) Chikou Span is well below the price line and has yet to define any significant support or resistance levels, which may not help if any further negative Brexit or other political concerns rear their ugly heads. That said a flattening Kijun Sen (blue) line might indicate the possibility of a more positive move as this can act as a magnet. For a more significant signal the Tenkan Sen (red) line needs to positively cross, which appears to be some way off yet.

Fundamentally the strengthening of the pound at the end of week 4 hasn't helped as most of the FTSE 100 constituents conduct business externally of the UK. And of course week 5 sees further shenanigans regarding Brexit. If the government can actually govern for once and find something positive in the next voting session, this may help and confirm a possible trend change going forward.

EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out