FTSE 100

Replied by AdeMcG on topic FTSE 100

This turned quickly

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Replied by Libero on topic FTSE 100

trendline seems ok here for 5min intraday trades...

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Replied by Libero on topic FTSE 100

I'm going to short at 5830 if it comes.

This is a VERY RISKY intra-day trade.



(please do your own research)

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Replied by Jackozy on topic FTSE 100

Downtrend breakout occurred and was backtested yesterday:

I have the 123 low breakout level at 5789 on the cash chart - it's hit 5782 this morning.

Gap resistance at 6450; 61.8% Fib of the drop at 6510.

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Replied by Libero on topic FTSE 100

Jackozy wrote: There's a potential cup and handle formation on the FTSE hourly (sorry, don't have a chart). The cup has a range of 5350 to 5780. handle potentially forming from yesterday's high of 5782.

Cheers Jackozy, and let me pay it forward (chart attached - with a badly drawn cup and handle - but folks will get it!)

Be Safe.

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