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UKX Also In The Crosshair, Move To Crypto!

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The UKX, FTSE 100 Index, is also in the red.

This is the main index for the top 100 companies by capitalization in the UK.

We see prices going below EMA50 after a lower high. (Feb. vs Apr.)

Going below EMA50 is always bad news.

Since we have a lower high after the EMA300/100 bounce, this can lead to a lower low.

The next target on this drop should be around 6600 and 6250...

It can go lower but it will recover only after a long term after this low.

(Apr. 22) UKX Lower High
UKX Lower High


Thank you for reading.

Namaste.
MasterAnanda
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Beyond Technical AnalysisBTCDJIFTSEftse100Fundamental AnalysisNASDAQ 100 CFDSPX (S&P 500 Index)Trend AnalysisTesla Motors (TSLA)FTSE 100 Index

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Beyond Technical AnalysisBTCDJIFTSEftse100Fundamental AnalysisNASDAQ 100 CFDSPX (S&P 500 Index)Trend AnalysisTesla Motors (TSLA)FTSE 100 Index
MasterAnanda
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
Juga di:

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Pernyataan Penyangkalan

Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.