FTSE 100 (UKX) Up $11.67 On 4 Hour Chart, Entered Today Down 0.37%; in a Downtrend Over Past 90 Days

FTSE 100 4 Hour Price Update

Updated May 25, 2020 11:12 PM GMT (07:12 PM EST)

FTSE 100 closed the last 4 hour candle up 0.19% (11.67); this denotes the 3rd candle in a row an upward move has occurred. Relative to other instruments in the 8 major global equity indices asset class, FTSE 100 ranked 4th since the last 4 hour candle in terms of percentage price change.

FTSE 100 Daily Price Recap

FTSE 100 came into today down 0.37% (21.97) from the open of the day prior, marking the 2nd day in a row a decrease has occurred. Out of the 8 instruments in the 8 major global equity indices asset class, FTSE 100 ended up ranking 5th for the day in terms of price change relative to the day prior. Here is a daily price chart of FTSE 100.

FTSE 100 Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. It should be noted, though, that a trend in the opposite direction, going up, exists on the 30 day timeframe. This may setup an interesting opportunity for traders looking to sell rallies in anticipation of the primary trend resuming. For another vantage point, consider that FTSE 100’s price has gone up 5 of the previous 10 trading days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

Overheard on Twitter

Over on Twitter, here were the top tweets about FTSE 100:

  • From jackkimber:

    @SideHustleStock @SoutosThanasis @vizovisek @stud_solutions @247HustleHard @HustlingForever @HIAliving @tinrovic @BeyondInvestor @georgegendry @T_Banks99 Thank for the tag man! My goals for this week – – do a £100 day in sales on eBay
    – Do a strength workout each day of the week
    – Get my eBay spreadsheets up to date
    – research at least one FTSE 100 companyWhat’re your goals this week?
    @JackCreate @SmudgsterLife

  • From GlennTullett:

    GBPEUR 1.1180 up 0.10%
    GBPUSD 1.2180 down 0.15%
    EURUSD 1.0890 down 0.25% Brent crude $35.25 up $0.75
    Gold $1,727 up $1Friday close
    FTSE 100 5,993 down 0.35%
    Dow Jones 24,465 down 0.05%Foreign Currency Direct in Spain, call or email for all your FX needs

  • From Jay20768914:

    @Heather_Cook18 @JosephDeaneHan2 @RiLeigh84 Looking at the ftse 100 shares are on the up. Bought a few when the initial lockdown was announced as they proper crashed so it’s a good sign things are returning to normal