| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Buy | Neutral |
| Alligator(13;8;5) | Sell | Neutral | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇗ | ⇗ |
The Financial Times Stock Exchange 100 Index has declined by 1.88% since this week's trading sessions. A breakout occurred through the lower boundary of an ascending channel pattern on September 8.
Given that a breakout has occurred, the UK100 could continue to decline during the following trading sessions. The potential target for sellers would be near the 7000.0 mark.
However, the weekly support level at 7040.8 could provide support for the GBR.IDX/GBP pair within this session.