FTSE 100 4 Hour Price Update
Updated September 18, 2020 11:14 PM GMT (07:14 PM EST)
FTSE 100 closed the last 4 hour candle down 0.32% (18.99); this denotes the 2nd candle in a row it has gone down. Relative to other instruments in the equity indices asset class, FTSE 100 ranked 8th since the last 4 hour candle in terms of percentage price change.
FTSE 100 Daily Price Recap
FTSE 100 closed the previous day down 0.47% (28.56); this denotes the 2nd straight day a decline has happened. Relative to other instruments in the equity indices asset class, FTSE 100 ranked 3rd since the previous day in terms of percentage price change. The daily price chart of FTSE 100 below illustrates.
FTSE 100 Technical Analysis
First things first: FTSE 100 crossed below its 50 day moving average yesterday. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone down 6 out of the past 10 days.
Overheard on Twitter
Behold! Here are the top tweets related to FTSE 100:
- From Borg74:
@Sharesteller Its simply the composition of the UK FTSE 100 …Its not tech heavy … look over to the USA and its mostly Green Yet UK is down 0.67% it is for this reason I have navigated to the wild west of the AIM… money to be made (and lost) but way way more exciting than main index
- From truemagic68:
Solid gains were made in UK & US last night as investors await outcome of today’s FOMC meeting & its policy going forward. Asian stocks mixed as Aug exports plunged – Suggested European opening calls – FTSE 100 -37 at 6081, DAX +16 at 13236, CAC40 +6 at 5073, DJIA +80 at 28073
- From ali00713:
@johnredwood Our money?
That’s a new one.
How are we going to do that in a global economy where the majority of FTSE 100 earnings come from.overseas?
When Brexit fear has caused almost 20% drop in the pound?
When Johnson’s croneys stand to pocket billions in currency speculation?