Global markets

FTSE 100 Technical Analysis Report 15 February, 2021

• FTSE 100 broke daily down channel • Likely to rise to resistance level 6900.00 FTSE 100 Index continues to rise strongly – after the price broke through the resistance trendline of the daily down…

FTSE 100 Technical Analysis Report 29 January, 2021

• FTSE 100 broke support level 6460.00 • Likely to fall to 6330.00 FTSE 100 index today broke below the key support level 6460.00 – which reversed the price with the daily Japanese candlesticks reversal…

FTSE 100 Technical Analysis Report 13 January, 2021

• FTSE 100 reversed from resistance area • Likely to fall to support level 6643. FTSE 100 index recently reversed down – after the price reached the resistance area lying between the key resistance level…

FTSE 100 Technical Analysis Report 6 January, 2021

FTSE 100 broke key resistance level 6643.00 Likely to rise to 6875.00 FTSE 100 Index today broke sharply above the key resistance level 6643.00 (which has been reversing this index from the start of December…

European stocks lower

FTSE 100 Technical Analysis Report 16 December, 2020

FTSE 100 reversed from support level 6500.00 Likely to rise to 6630.00 FTSE 100 index previously reversed up from the pivotal support level 6500.00 (former multi-month high from June which also stopped the previous upward…

gains

FTSE 100 Technical Analysis Report 11 November, 2020

FTSE 100 broke resistance level 6295.00 Likely to rise to 6500.00 FTSE 100 continues to rise steadily after the index broke sharply above the resistance level 6295.00 (which was set as the buy target in…

global stocks slumps

UK100 Technical Analysis Report 09 November, 2020

UK100 broke multiple resistance levels Likely to rise to 6295.00 UK100 continues to rises strongly after the index previously broke through a series of consecutive resistance levels - the resistance trendline of the daily down…

UK100 Technical Analysis Report 04 November, 2020

UK100 under bullish pressure Likely to rise to 5900.00 UK100 continues to rise steadily inside the short-term corrective wave (ii) which started earlier from the strong support area lying at the intersection of the support…

ECB, structural financial indicators, Governing Council

MARKET WRAP: Markets not Listening to ECB’s PEPP…

[caption id="attachment_364051" align="alignleft" width="300"] ECB’s PEPP[/caption] Markets not listening to ECB’s PEPP Talk. Sterling to a 35-year low. The ECB has started a new 750 billion euro bond-buying program that they have named the Pandemic…

sell

MarketMap-2020 Issue #5

The best technical minds are Contrary Thinkers Event-Based Cycles The Dow made its peak with the same tidal configuration as previous major highs going back over 120 years. The pattern is as follows: from the…