03-10-2018 FTSE Technical Analysis (CFD)

03-10-2018 FTSE Technical Analysis

The daily 50EMA has crossed above the daily 200EMA and both averages are now blue. After the rejection of lower prices yesterday, this could be the FTSE’s chance to break and hold the 7500 level again. The current 03-10-2018 FTSE CFD price at the time of writing is 7508. Yesterday the price action was contained mostly within the opening range and this morning we have now broken higher. 


MARKET: FTSE 100 (CFD)

SYMBOL: UK100


03-10-2018 FTSE Key Levels

FTSE KEY LEVELS
  CFD
POC * 7478
Value Area High 7486
Value Area Low 7469
VWAP 7474
R2 7518
S2 7431
Pivot 7474
Camarilla Breakout (Bull) 7509
Camarilla Breakout (Bear) 7461

03-10-2018 FTSE Charts

We’ve broken above this downsloping high-to-high trend line and now tagged the weekly pivot. I mentioned a setup in the webinar this morning, which has hit target, but missed my entry. 

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