FTSE 100 (UKX) Down $12.9 Over Past 4 Hours, Started Today Down 0.19%; Price Base in Formation Over Past 14 and 90 Days

FTSE 100 4 Hour Price Update

Updated July 02, 2020 11:13 PM GMT (07:13 PM EST)

FTSE 100 entered the current 4 hour candle at 6230.04, down 0.21% ($12.9) from the last 4 hour candle. Out of the 8 instruments in the 8 major global equity indices asset class, FTSE 100 ended up ranking 4th for the four-hour candle in terms of price change relative to the last 4 hour candle.

FTSE 100 Daily Price Recap

FTSE 100 came into today down 0.19% (11.78) from the open of the previous day, marking the 2nd day in a row it has gone down. Relative to other instruments in the 8 major global equity indices asset class, FTSE 100 ranked 5th since the previous day in terms of percentage price change. Let’s take a look at the daily price chart of FTSE 100.

FTSE 100 Technical Analysis

Price action traders in particular will want to note that the 14 and 90 day periods appears to show price forming a base; this could indicate that a support/resistance level is developing. Or to view things another way, note that out of the past 14 days FTSE 100’s price has gone up 8 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

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 Tobeech:

    How much money do you need to have invested in dividend stocks to replace the median UK income of £29,600 (FYE 2019)? Using the current FTSE 100 dividend yield of 4.35%You need to have invested £680,460 to earn £29,600 without having to work. To earn £100,000 you need 2.3M

  • From Ralph_Hickman:

    @JogaBonito888 @uk_domain_names I’m thinking GBP is going to tumble. Those who have shorted the pound will do well. Personally I don’t know how to go and “short the pound”.Other than that invest in FTSE 100 stocks – priced in GBP – but much revenue denominated in EURO, USD…?

  • From truemagic68:

    At 8.40am – FTSE 100 – 6,201.54 −24.23 (-0.39%) – Cable under pressure $1.2260 concern over UK spending – IHG -1.5%, Redrow -6.75%, Smith Group +4.85%, Royal Dutch Shell (writes off $22 billion of assets in 2nd quarter) -1.81%

For a longer news piece related to UKX that’s been generating discussion, check out:

Businesswoman who sued FTSE 100 company after she was sacked LOSES sexism claim | Daily Mail Online

‘More importantly, we have not found that Mr Rossi’s complaints about the Claimant’s leadership style and not working collaboratively with the management team related to her not bonding with them over dinners because she did not drink or discuss football….Do you want to automatically post your MailOnline comments to your Facebook Timeline?…  Do you want to automatically post your MailOnline comments to your Facebook Timeline?