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The UK major stock index (FTSE100) has seen sustained falls over a reasonable period of time.
Currently there is no strong case for up moves, and similarly down moves. However, It is ranging to the downside on a slightly more 'unsure' outlook, as summarised by the technicals drawn.
1. Tech bias illustrates losing of value and a push to lows that ultimately may break on continued pressure.
2. Sentiment shows no real growth outlook and slight risk off view.
Currently there is no strong case for up moves, and similarly down moves. However, It is ranging to the downside on a slightly more 'unsure' outlook, as summarised by the technicals drawn.
1. Tech bias illustrates losing of value and a push to lows that ultimately may break on continued pressure.
2. Sentiment shows no real growth outlook and slight risk off view.
Not
Looking short.Not
Exit for gains.Not
Exit short zone 2 for gains.Not
Short Zone 2 hit, price falling away.Not
Long zone 1 hit, price rising up. Look for exits this AM.Not
Out of longs ^ Re longs OK but light.
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bit.ly/learnttm
Free Discord Secret Server:
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Posts Not financial advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.