Tag: FTSE100

Oct 13
FTSE 100 Wave Analysis – 13 October, 2022

• FTSE 100 falling inside impulse wave 5 • Likely to fall to support at 6700.00 FTSE 100 index continues to fall inside the sharp downward impulse wave 5 which started earlier from the key resistance level 7125.00 (previous monthly low from April), intersecting with the 20-day moving average. The active impulse wave 5 belongs […]

Feb 03
FTSE100 Wave Analysis – 3 February, 2022

• FTSE100 reversed from resistance zone • Likely to fall to support level 7500.00 FTSE100 index recently reversed down from the resistance zone lying between the key resistance level 7600.00 (which has been reversing the index from the middle of January) and the upper daily Bollinger Band. The downward reversal from this resistance zone stopped the […]