FTSE 100 Index
Nike tends to have corrective phases every now and then. We are now seeing one of the biggest corrections to date. We could be correcting in excess of 50% which would put us in a great position to buy Nike for the longer term. Nike is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of...
As described before one of the worst index's to have been exposed to for decades WHILST during rampant #UK inflation The FTSE did nothing to help you out. Yet here we are about to see it get sent to 5 figures.
A BOLD prediction --- possibly to some people But I stand by this chart as a roadmap where I see #UK equities outperforming against the cash cow that has been UK #Housing The how's and what's and why's are unimportant But the key thing is for younger people struggling to get into UK housing Investing in #Stocks #Technology Innovation #AI and #crypto will...
Yesterday's close on the FTSE 100 was a really good indication that the 7,743 level will likely hold. The index first breached above this level eight days ago and then quickly retraced below it. After trading below this level for a few days, we're back up above this level. This signals buying pressure paused and has since resumed. Assuming this level holds on...
This is an update to our analysis 3 months ago (December 18 2023, see chart below) where we called for a Resistance bullish break-out and buy on the next 1D MA50 (blue trend-line) contact: Even though the pull-back dipped some more, the index still followed our projection on a rough scale. The long-term pattern remains a Channel Up but due to some relative...
UK100 H4 We pushed just shy of 1R on this setup after it was shared yesterday. Still holding this at around +10 points. Slow burner but when we crack, we will crack! Expecting this setup to make its move at some point this week, patience pays.
UK100 D1 Pushing the absolute peak of our resistance price here, trading at 7755 ish. A great reward and possible short opportunity. Don’t fix it unless it’s broken, an impulse swing entry here with stops as tight as 25 points. We have been following UK100 for some time now and this range has held for a while. Lets see what unfolds.
Hello Traders, Critical Zone Breakout from Supply Zone Indicates Potential Upside Momentum, While Failure to Respect Signals Downside Pressure Ahead. We have 2 Demand Zones, and A Supply Zone. If The Price Breaks The Supply Zone, Take Entry While Retesting OR Pullback of The Move Otherwise If It Respects The Supply Area Then Look For The Short Entries! ...
UK100GBP - 24h expiry Short term bias is mildly bullish. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A lower correction is expected. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected although we prefer to buy into dips close to...
The UK100 has reached a critical resistance level and is showing signs of being overextended, particularly on the daily time frame. I foresee a potential retracement and am currently seeking a short opportunity against the prevailing trend. For a comprehensive analysis of this setup, please refer to my recent video post.
#UK100 Observations: - Monthly and weekly charts indicate weakening bullish momentum. - Significant resistance encountered at a key level suggests a potential reversal. - 61.8 Fibonacci retracement zone identified as a logical downside target. Trade Idea: - Short position on the #FTSE. - Place stop-loss above recent swing high. - Primary target: Previous swing...
🔸Hello traders, this is 8hour chart of UK100. Recently trading in well-defined trading range, risk/reward flipped in bears favor after we got rejection near range highs, therefore recommend to focus on sell setups. 🔸Range highs set at 7660, range lows set at 7350, premium prices overhead at 7700 and 7750, below at 7250 and 7300. Trading now near range...
UK100GB - 24h expiry The correction lower is assessed as being complete. Further upside is expected. Short term RSI has turned positive. A move through 7725 will confirm the bullish momentum. The measured move target is 7775. We look to Buy at 7710 (stop at 7670) Our profit targets will be 7810 and 7830 Resistance: 7725 / 7750 / 7775 Support: 7700 / 7685...
US30 is breaking All-Time-Highs. Trend is still Bullish. Market opened with bullish momentum; waiting for retracement to enter long positions. Aggressively enter new long positions once original position is in profit and has found support. Avoid entering new positions if original position is negative. Stop loss placed under bullish breakout.
Market has been breaking All-Time-Highs. Overall Market Trend is still bullish. Same sized retracements (indicated by green trend-lines) have printed, along with a subsequent bullish breakout, confirm continuation of uptrend. Invalidation at 4733.3 (stop loss placed) No profit target (new highs cannot be accurately determined at this time). ...
In recent years, many of us acknowledge that the term "recession" has been appearing in news and social media outlets at an increasing rate. While it acts as great clickbait, most sources tend to avoid to avoid a more fundamentals data driven approach, but rather are preferential an opinionated viewpoint from which their viewers can relate. Here I propose a more...
It's been almost 2 months since we last looked into FTSE 100 (UK100) but the index didn't fail to deliver as it hit our 7535 target (see chart below) and got rejected inside the 6-month Resistance Zone: Despite the inability so far to break above the 7690 - 7750 Resistance Zone, the index did succeed at making the first important bullish break-out above the...
UK100 - 24h expiry There is no clear indication that the upward move is coming to an end. The trend of higher lows is located at 7400. Risk/Reward would be poor to call a buy from current levels. A move through 7575 will confirm the bullish momentum. The measured move target is 7620. We look to Buy at 7545 (stop at 7505) Our profit targets will be 7645...