Tag: FTSE 100

Jul 19
FTSE 100 Wave Analysis – 19 July, 2022

• FTSE 100 reversed from support level 7020.00 • Likely to rise to resistance level 7357.00 FTSE 100 index recently reversed up from the key support level 7020.00 (which has been reversing the pair from the middle of June), strengthened by the lower daily Bollinger Band. The upward reversal from the support level 7020.00 started […]

Jun 01
FTSE 100 Wave Analysis – 1 June, 2022

• FTSE 100 reversed from long-term resistance level 7630.00• Likely to fall to support level 7400.00 FTSE 100 index recently reversed down from the long-term resistance level 7630.00 (which has been repeatedly reversing the index from January, as can be seen below). The downward reversal from the resistance level 7630.00 stopped the previous minor corrective […]

May 23
FTSE 100 Wave Analysis – 23 May, 2022

• FTSE 100 reversed from support zone• Likely to rise to resistance level 7550.00 FTSE 100 index recently reversed up from the support zone lying between the support level 7225.00, lower daily Bollinger Band and the 50% Fibonacci retracement of the upward correction 2 from March. The upward reversal from this support zone stopped the […]

Apr 28
FTSE 100 Wave Analysis – 28 April, 2022

• FTSE 100 reversed from support level 7345.00• Likely to rise to resistance level 7535.00 FTSE 100 index recently reversed up from the support level 7345.00, intersecting with the 38.2% Fibonacci correction of the upward ABC correction 2 from the start of March. The upward reversal from the support level 7345.00 created the daily candlesticks […]

Mar 11
FTSE 100 Wave Analysis – 10 March, 2022

• FTSE 100 reversed from resistance area• Likely to fall to support level 7000.00 FTSE 100 index recently reversed down from the resistance area located between the key resistance level 7250.00 (former support from February and January) and the 50% Fibonacci correction of the downward impulse from February . The downward reversal from this resistance […]

Feb 10
FTSE 100 Wave Analysis – 10 February, 2022

• FTSE 100 broke key resistance level 7620.00 • Likely to rise to resistance level 7800.00 FTSE 100 index recently broke above the key resistance level 7620.00 (which has been reversing the price from the middle of January as can be seen from the daily FTSE 100 chart below). The breakout of the resistance level […]

Jan 05
FTSE 100 index Wave Analysis – 4 January, 2022

• FTSE 100 broke key resistance level 7500.00 • Likely to rise to resistance level 7600.00 FTSE 100 index recently broke above the key resistance level 7500.00 – which accelerated the active impulse waves 3 and (3). The index earlier reversed up from the key support level 7400.00, former resistance level which has been repeatedly […]