UK 100 Index

FTSE100 - UKX - Range Bound.

329
FTSE100 Weighted by various components, as well as that there was news that few companies from FTSE100 index will be removed and replaced.

However, let's focus on technical aspects:

We are within a range bound area for a while! Could look at it like bullish flag or a wedge/Triangle pattern (Be careful of fake break out). Which ever way this index breaks - I have kept the key support and resistance areas lined up. Those will be the areas I will be looking into in-depth. I advise you to perhaps add alerts or feeling towards risky side at limit orders, so you won't miss the trade opportunity!

Just a trading idea, not a recommendation.

Best wishes,

Trade Journal

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.