FTSE100- Bearish divergence confirmed
Bearish price RSI divergence confirmed on the 4-hr chart suggests the index is due to test 7000 level and may actually cut through the same in which case losses could be extended to 6950 (4-hr 50-MA levels).
On the higher side, only a daily close above 7129.8 levels would signal continuation of the bullish run.
On the higher side, only a daily close above 7129.8 levels would signal continuation of the bullish run.
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