After a difficult start to the week the FTSE 100 has recovered, although it has yet to regain the highs around 6300. A close above 6250 would likely negate the
The FTSE fell sharply yesterday, following on from a week long period of consolidation. This pullback comes at a time when the uptrend had been slowing and thus this move
The FTSE is expected to open back in the range which dominated the second half of last week. Despite price action over yesterday pointing towards a rally outside of this
The FTSE has been trading largely sideways since breaking through the major 6237 resistance on Tuesday. Given that rally and the fact that we are only seeing a sideways range
The Monday open has failed to build on the gains from the end of last week, with the index stuck in the purgatory between the 100-day and 200-day SMAs (roughly
The FTSE 100 index recorded marginal gains in the previous week to settle at 6156.32, and touched the 6215.88 level on Tuesday. Although the daily MACD is trading in the
FTSE bounces from key support level The FTSE has reversed higher once more from the 6060 support level which underpinned price over the past two months. Typically we have seen
The FTSE sold off once more from the crucial 6237-6249 resistance zone yesterday, providing the possibility of a bearish head and shoulders pattern, which would require a break below 6006
INDICES FTSE bounce hits Fibonacci resistance Yesterday’s FTSE rebound failed to muster much more than a whimper, with a shallow retracement to the 38.2% Fibonacci level (6210) leading to further
After forming a bearish harami candlestick pattern on the weekly chart for the week ended 22 April 2016, the FTSE 100 index continued to fall in the last week and
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