UK FTSE100 to find difficulty sustaining further gains

TVC:UKX   UK 100 Index
35 0
The UK FTSE100 Index is regaining higher levels.

Prices have posted a close above the 7354.14 high of January, suggesting potential for further gains towards the 7465, (38.2%) Fibonacci projection of the november-January rally. However, studies remain mixed and are beginning to show negative divergence, highlighting continued profit-taking pressure and risk of a corrective pullback.

A close below the 7192.94 low of 24 February would add pressure to price action, but a further close below the 7093.57 low of February is needed to turn sentiment negative, and confirm a deeper, more significant fall.

A close above psychological resistance at 7500 would further improve price action, as investors continue to increase exposure to UK equities.
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