| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Sell |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Neutral | Buy | Sell |
| SAR(0.02;0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The UK100, which measures the best 100 performing shares from the London Stock Exchange, declined by 8.09% during last week's trading sessions. The UK100 tested the monthly pivot point at the 6000.09 mark last week.
The GBR.IDX/GBP pair rebounded from last week's low level at 5891.6 during Monday's trading session. Most likely, the indexes would continue to edge higher this week. The potential target would be at the 6581.29 area.
However, the monthly resistance level at 6341.4 could provide resistance for the LSE indexes during the following trading sessions.