FTSE 100 Trade Plans Upcoming

The UK major stock index (FTSE100) has seen sustained falls over a reasonable period of time.

Currently there is no strong case for up moves, and similarly down moves. However, It is ranging to the downside on a slightly more 'unsure' outlook, as summarised by the technicals drawn.

1. Tech bias illustrates losing of value and a push to lows that ultimately may break on continued pressure.

2. Sentiment shows no real growth outlook and slight risk off view.

註釋

Looking short.

註釋

Exit for gains.

註釋

Exit short zone 2 for gains.

註釋

Short Zone 2 hit, price falling away.

註釋

Long zone 1 hit, price rising up. Look for exits this AM.

註釋

Out of longs ^ Re longs OK but light.