Equities November 30, 2018 / 03:00 pm UTC

UK Chart FTSE 100 Update: Still narrowing

By Nicholas Rose
Chart
--Level
Comment
--Level
Comment
R17060~
Nov dntrend
S16980
15-Nov low
R27078
29-Nov high
S26930~
uptrend fr Oct
R37082*15-Nov high
S36904*20-Nov low
R47146*11-Oct high
S46852**26-Oct YTD low

Asterisk denotes strength of level

14:50 GMT - FTSE steadied after the opening break, holding the line at the low of Monday-Thurday's balance area. The larger market remains very tight, building into what is now only a ~100 pt. Apex- breakout will trade soon, with the key ref. pts. at 6904-30 downward or 7050-78 upward

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