| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Sell |
| SAR(0.02;0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The UK100, which measures the best 100 performing shares from the London Stock Exchange, has declined by 4.95% since last week's trading sessions. The index tested the monthly S1 at 5790.8 on September 22.
As for the near future, the UK100 index will most likely continue to edge lower during the following week. The possible target for bearish traders would be at the 5500.00 level.
However, the support cluster at the 5790.81 could provide support for the GBR.IDX/GBP pair within this week's trading sessions.