FTSE 100 - Daily Inter-Market Analysis

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Happy new year to all , I will be sharing my thoughts on a daily basis here going forward on FTSE 100

Encountering resistance on FTSE 250 & FTSE 100 on daily/weekly chart
 

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FTSE 100 remains bullish on Daily. Just need to watch out on H&S 60 mins given BOJO scandal = political uncertainty + Biden talking down oil. Either way China cutting rates this week = Bullish for commods = Higher FTSE 100 + M&A helping
 
FTSE 100 - remains bullish on weekly

Daily , 60 mins and 10 mins vulnerable -

Certainly expecting an oversold bounce


US equities triggering a gap lower Monday = buy the dip for me provided fundamentals remain bullish until then
 

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Good weekend to all

Wishing everyone a prosperous trading week

OK - so where are we?

Daily - break out above 7600 based on commods = Oil rally on Ukraine fears

Hawkish central banks have failed to deter oil rally = FTSE resilient

So next step ?

1. Ukraine de-escalation - game of chicken to finish and USA/Russia to back down = CHINA laughing and getting more powerful = Oil prices to fall = FTSE fall

2 . Iran oil released on market = Oil fall = FTSE fall

Basically its all about Oil for FTSE 100

10 mins - vulnerable after gap fill 7670

60 mins - bear flag

Daily -- 7600 must fall before we get bearish on FTSE
 

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Just compare FTSE 100 Monthly chart vs Brent monthly chart ?

You should be able to work out the next move ?
 

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Good weekend to all

Wishing everyone a prosperous trading week

OK - so where are we?

Daily - break out above 7600 based on commods = Oil rally on Ukraine fears

Hawkish central banks have failed to deter oil rally = FTSE resilient

So next step ?

1. Ukraine de-escalation - game of chicken to finish and USA/Russia to back down = CHINA laughing and getting more powerful = Oil prices to fall = FTSE fall

2 . Iran oil released on market = Oil fall = FTSE fall

Basically its all about Oil for FTSE 100

10 mins - vulnerable after gap fill 7670

60 mins - bear flag

Daily -- 7600 must fall before we get bearish on FTSE
FTSE traded way lower after hrs Friday.
Not sure of the point posting out of date charts on a Sunday night !
 
FTSE traded way lower after hrs Friday.
Not sure of the point posting out of date charts on a Sunday night !
It's all about the gaps my friend ...We shall see if FTSE closes that gap overnight to trade higher at the open ?

see video for explanation

Ukraine crisis way over dramatic + so called talk of emergency rate hike by FED = short squeeze to ensue in the interim

price action will tell all in the next 24 hrs

way too many variables to account for at present
 
FTSE 100 sold off on Iran oil release news

Topping tail on Brent coincided with sell off

I still remain bullish on FTSE given commods strength
 

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+660 points this week on the Live Analysis service

Its been a good trading week as volatility creates opportunity

Key support for FTSE 100 @ 7200 as it retests 200 MA
 
FTSE 100

Daily = bearish provided we remain below 7650 ...

60 mins - Lower high - Fib 61%

10 mins - oscillating between gaps @ 7520 - 7420
 

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