FTSE 100 (UKX) Up 2.9%; in a Downtrend Over Past 90 Days

FTSE 100 Daily Price Recap

The back and forth price flow continues for FTSE 100, which started today off at 5842.66 US dollars, up 2.9% ($164.93) from yesterday. Relative to other instruments in the 8 major global equity indices asset class, FTSE 100 ranked 2nd since yesterday in terms of percentage price change. Here is a daily price chart of FTSE 100.

FTSE 100 Technical Analysis

Volatility for FTSE 100 has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. For another vantage point, consider that FTSE 100’s price has gone up 9 of the previous 14 trading days.