• 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 […]
• 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 […]
• 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 […]