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FTSE 100 Analysis - Continuous, Just as the Markets !

This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators.

* Trend is Based on TrapZone Color
* Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves.
* Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand

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2-1-2024
Sideways Momentum with RED TrapZone established now and GREEN UMVD continues still. Price swinging UP & DOWN around the TrapZone. Cant seem to find a direction.

註釋

Intraday Renko Serrings - 1s Refresh
You can see the back and forth here, volume as shown by UMVD is KING

註釋

Hourly Check In

註釋

Daily Analysis - we are in the MIDDLE of nowhere

註釋

Side By SIde Analysis - Retrace with RED UMVD on a GREEN TrapZOne

註釋

Seems like Buyers are Pushing the Prices higher. Class A entry started, GREEN UMVD on Renko takes lead.

註釋

Hourly Technical Analysis Check In
I have to say The Market Makers for FTSE100 are brutal. Every up move is followed by a big time sell off to a "Higher Low" only slightly that the previous. Current uptrend has gained the "usual Momentum" - Will it snap back now ? Keep an eye on the UMVD.

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SnowflakeTrader

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