- The falling wedge is broken. - Break below EMA50. CRITICAL SUPPORT at EMA100/MA200 or 6959-6984. If this support breaks, the 15% drop mapped on this chart becomes inevitable. These markets close on weekends which means that this week we will have the worst close in years. Nothing new here... It is the same as with the SPX (S&P 500 Index), DJI (Dow Jones...
Here we have our FTSE 100 Full Analysis, After global tensions increasing and the UK Putting sanctions on Russia we have seen a fall in the price of the FTSE followed by a rise on Good company earnings and Oil company profits with rising prices due to the threat of supply. As we return to former highs and some strong resistance we can look to get short on the...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. All of these counts correspond to a larger wave that may have preceded a correction or triangle. Based on a count, we are in a zigzag motion, and from this zigzag, waves a and b are over, and now we are...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. All of these counts correspond to a larger wave that may have preceded a correction or triangle. Based on counting, we are in a zigzag motion, and from this zigzag, waves a and b are over, and now we are...
Hi All I continue to watch the FTSE and all indices waiting for the second leg lower to take place. I think the break above the ascending line was a false breakout, and with the bearish engulfing daily candle that printed a few days ago, as well as divergence against the RSI. I think the FTSE will drop considerably over the coming months I think a target in...
A quick look at the FTSE100 Index using the traditional Ichimoku Cloud Settings of 9,26,52,26 and the MACD Indicator. The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that the Mid-Point of the Short-Term momentum is downwards at the moment. The Ichimoku Cloud Base Line (Kijun Sen) is indicating the Mid-Point of the Mid-Term momentum is sideways at...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. All of these counts correspond to a larger wave that may have preceded a correction or triangle. Based on a count, you are in a zigzag motion, and from this zigzag , waves a and b are over, and now we...
For more Daily Detailed analysis, go ahead and click on the follow button. If you have any questions, please do ask them! Here we have our Detailed FTSE 100 chart.. On the latest Market sentiment we have seen a drop to the downside. This move has left us nearer our Key MA's and some comfortable support areas. We are looking long slightly lower on this mornings...
On our UK100 charts this morning we are looking for an intraday long. Price action is showing us early signs of price rejection around the current 7580 level. This leaves us a fair profit margin to hit especially with the lack of News this morning leaving less downside risk. See the wick candles for early indication. Exit is at the eclipse symbol area.
looking ride this down uk100 baby uk100 has. had a great run today , looks like its running out of fuel , time for a retracement before the next leg up ?
The FTSE 100 has been gaining ground recently, with a 2.95% move for January 2022 alone. December was up 4.62%, so there is clear momentum right now. This brings a nice change from the sideways movement we had between May - October 2021. Following the all-time high created on May 2018 at 7903, price declined, gaining momentum during the peak covid pandemic in...
Trade breakdown from a recent trade we took in Dec-21; mark-ups and Wyckoff schematics above. Cheers!
With current outset, im going for a short good RISK MANAGEMENT AS ALWAYS, following the various indicators.
For more daily detailed analysis, don't forget to go ahead and click on the follow button. Please do ask any questions should you have them! Here we have our UK 100 chart. We are seeing very little price movement due to lack of market senitment... Rather boring.. Anyhow, We are looking long on the next fall down to the eclipse symbol.
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. All of these counts correspond to a b wave at a higher time. This wave b is formed in the form of a zigzag and from this zigzag the waves a and b are finished and the wave c is being formed. The c-wave...
There are two setups on this chart: 1. Buy Setup We expect the price to pull back to the Supply Zone where we are looking to sell and take profit at the next Demand Zone. 2. Buy Setup If setup 1 plays out as expected and the price return to the demand zone (setup 1 target), we will buy at the level and take some profit at 7481.6 area. I personally will be...