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UK 100
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FTSE 31st MAY 2022

Oleh DNP-FX
UK100GBP have no power to breakout above the highest resistance area Aug 2019 - Jan 2020. Last month UK100 was bearish to the diagonal trendline support, and returned to the horizontal resistance area . However, at the end of 2021 there was a bearish divergence signal. where the price is bullish but the flat indicator value tends to bearish.
Bearish potential on the UK100 Weekly, Check this out :

UK100 Weekly
UK100 4th APRIL 2022

Timeframe. According to the stochastic 5 3 3, it seems to be back in the overbought area, it will be strengthened to bearish if the indicator crossover.
Chart PatternsfootsieFTSEftse100Trend AnalysisUK100 CFDUK 100FTSE 100 Index
DNP-FX

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