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)
03-10-2018 FTSE Key Levels
|FTSE KEY LEVELS|
|Value Area High||7486|
|Value Area Low||7469|
|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.