Monday 1 June 2020

FTSE100: Running into key cloud chart resistance zone:6225/6292

FTSE100: Running into key cloud chart resistance zone:6225/6292 at top end of the cloud!

Need to see a breakout past this level to be bullish, price action needs to be above the top end of the cloud level for that! Consolidation risk remain high here if resistance holds, then the FTSE is heading down towards the bottom end of the cloud!


So far the FTSE had a strong bear market rally since the buy signal below the cloud at 5100 zone!



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