FTSE 100 (UKX) Down $46.51 On 4 Hour Chart, Started Today Down 1.52%; in a Downtrend Over Past 14 Days

FTSE 100 4 Hour Price Update

Updated September 04, 2020 12:03 AM GMT (08:03 PM EST)

FTSE 100 closed the previous 4 hours down 0.79% (46.51); this denotes the 3rd candle in a row a decline has happened. On a relative basis, FTSE 100 was the worst performer out of all 8 of the assets in the 8 major global equity indices asset class the current 4 hour candle.

FTSE 100 Daily Price Recap

FTSE 100 entered today at 5850.86, down 1.52% ($90.09) from the previous day. Relative to other instruments in the 8 major global equity indices asset class, FTSE 100 ranked 6th since the previous day in terms of percentage price change. Here is a daily price chart of FTSE 100.

UKX

FTSE 100 Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For another vantage point, consider that FTSE 100’s price has gone up 15 of the previous 30 trading days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to FTSE 100 for the past day were:

  • From truemagic68:

    It’s sayonara to ITV From FTSE 100, but up 3.19% on the day to 58.88p. Though Dame Carolyn McCall is hell bent on delivering a digital revolution for screening, I fear it may not be enough! Surely ITV should bed down with someone like Liberty Media or Vodafone to really benefit!

  • From ritters90:

    Amazing stat on BBC News today – Steve Jobs would be smiling from up in heaven – Apple Valuation $2.5 Trillion with a huge cash pile (One Company) – FTSE100 UK (All 100 companies) $2 Trillion ….FTSE 100 represents the old world economy IMHO if you look at the companies listed.

  • From fesshole:

    I still find it funny when I take a banana and two satsumas into work for lunch, and have to show a colleague so we can have a laugh about it. I’m in my mid 40s and I’m a manager at a FTSE 100 financial services company.

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

Apple eclipses combined value of tortoise-like FTSE 100 | The Independent | Independent

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