FTSE 100 (UKX) Up $21.5 in Last 4 Hours, Moves Down For the 2nd Day In A Row; Breaks Below 100 Day Average

FTSE 100 4 Hour Price Update

Updated August 03, 2020 07:13 AM GMT (03:13 AM EST)

FTSE 100 is up 0.37% (21.5) since the previous 4 hours, marking a reversal from the candle prior — and the end of a 3 four-hour candle negative run. Relative to other instruments in the 8 major global equity indices asset class, FTSE 100 ranked 4th since the previous 4 hours in terms of percentage price change.

FTSE 100 Daily Price Recap

FTSE 100 came into today down 1.54% (92.23) from the open of yesterday, marking the 2nd day in a row a decrease has occurred. Relative to other instruments in the 8 major global equity indices asset class, FTSE 100 ranked 7th since yesterday in terms of percentage price change. Here is a daily price chart of FTSE 100.

UKX

FTSE 100 Technical Analysis

Moving average crossovers are always interesting, so let’s start there: FTSE 100 crossed below its 100 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 down. Or to view things another way, note that out of the past 14 days FTSE 100’s price has gone up 7 them.

Overheard on Twitter

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

  • From WandaWyporska:

    Missing an important point @BBCRadio4 #anyquestions – even Government legislated for pay ratio reporting, recognising income inequality within companies is far too high. @equalitytrust research – average FTSE 100 CEO pay 90 x senior teacher, 180 x carer 212 x minimum wage worker

  • From DanJNib:

    @archigoles @seanstephen @TEnglishSport So, again, what does he do to justify his near 400k salary? There’s CEOs of FTSE 100 companies who don’t get paid as much as him, and bring in a lot more revenue.

  • From Arlanymor4:

    @rusper_worthing @dawngoodwin58 @MailOnline Couldn’t find slave traders in the FTSE 100 Rusper.Perhaps they are in the 500 index.Fancy a trade in them I do.