FTSE 100 (UKX) Down $6.42 Over Past 4 Hours, Started Today Up 0.07%; is Inching Close to 20 and 50 Day Averages

FTSE 100 4 Hour Price Update

Updated July 24, 2020 11:13 PM GMT (07:13 PM EST)

FTSE 100 is down 0.1% (6.42) since the last 4 hour candle, marking the 2nd candle in a row it has gone down. Relative to other instruments in the 8 major global equity indices asset class, FTSE 100 ranked 7th since the last 4 hour candle in terms of percentage price change.

FTSE 100 Daily Price Recap

6211.44 was the closing price of the day for FTSE 100, resulting in today being one in which price moved up 0.07% ($4.34) from yesterday. Relative to other instruments in the 8 major global equity indices asset class, FTSE 100 ranked 3rd since yesterday in terms of percentage price change. Below is a daily price chart of FTSE 100.

UKX

FTSE 100 Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. For another vantage point, consider that FTSE 100’s price has gone up 17 of the previous 30 trading days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

Overheard on Twitter

Behold! Here are the top tweets related to FTSE 100:

  • From hselftax:

    @alexcobham @iaincampbell07 @DanNeidle @Stephen_Herring @p_sfitz @ICIJorg 3. It is invariably harder to get rid of companies than to create them. So it’s easier to leave redundant layers in place. I’m aware of one project where colleagues helped a FTSE 100 group get rid of c200 subs – major project, only undertaken because of real wish to simplify.

  • From Dianes_Bucket:

    @WmFocus @NiSpeach @justamantrading @nifty_nudger81 @TraderPete4 @AndrewPokerLife Best advice is to steer clear of AIM. If you want to hold a company long term make sure it’s a solid undervalued FTSE 100 or 250. Loads of bargains about and dividends. AIM will rinse you eventually.

  • From cvpayne:

    Unilever boost helps FTSE 100 shrug off Sino-U.S. tensions
    (Reuters) As resurgence of coronavirus cases begins to wane financial media is building up the next reason for markets to collapse and excuses to question the intelligence of individual investors = “Sino – US tensions”

As for a news story related to FTSE 100 getting some buzz:

When will we go back to the office? Evening Standard survey of FTSE 100 firms reveals scale of stay-at-home staff | London Evening Standard

An exclusive Evening Standard survey of FTSE 100 firms found a series of the UK’s largest listed businesses have no immediate plans to return many staff to offices ….However, the Standard research, with responses from 53 of the FTSE 100, revealed many business chiefs are planning only a gradual return to the workplace for employees.