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nivelij01

UK100 On Strong Resistance

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Indeks FTSE 100 (FX:UK100)  
nivelij01 Diupdate   
FX:UK100   Indeks FTSE 100
Support and Resistance Supply and Demand Oscillators UK100 CFD ftse100 reversal short Relative Strength Index (RSI) overbought
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supportandresistance supplyanddemand oscillator uk100 ftse100 reversal short relativestrengthindex overbought
UK100 is at the moment touching the strongest 7600 resistance line. There are now 2 topping tail which indicates rejection of closing the price higher. Also RSI(14) is currently nearing the overbought territory. If price can close around 7570 level, I'm planning to short it with profit target is somewhere around 7445, which is the previous strong support line.
Komentar:
Obviously no trade for this index as the price keeps moving higher. So I'm not going to watch this instrument further.
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