2025.05.08 (목)

  • 구름많음동두천 17.6℃
  • 맑음강릉 20.3℃
  • 구름많음서울 18.2℃
  • 맑음대전 18.5℃
  • 맑음대구 19.0℃
  • 맑음울산 20.0℃
  • 맑음광주 18.4℃
  • 맑음부산 19.1℃
  • 맑음고창 18.4℃
  • 맑음제주 21.3℃
  • 구름많음강화 15.3℃
  • 구름조금보은 17.3℃
  • 맑음금산 18.1℃
  • 맑음강진군 18.7℃
  • 구름조금경주시 20.7℃
  • 맑음거제 19.7℃
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FTSE100 Bullish Start to the Week but May Be Limited on Upside -- City Index UK

[By NBC-1TV H. J Yook]Heading into this week the markets may continue to enjoy following through on last week's momentum to the upside. However, both the FTSE100 and Dow Jones are close to potential reversal levels.

If the reversal levels manage to prevent a trend continuation then chances are we may be setting up for a correction to the downside. Rather than predict a definitive move, the markets would be the key voice in providing the signals of turning bearish. The all important “trend” remains bullish and this should not be ignored as such. Given the recent bullish swings the indices appear to be setting the stage for a minor correction.

See Charts & Read Full Article: FTSE100 bullish start to the week but may be limited on upside



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