uk 100 ftse 100 index buy trade
The RSI is above 50, indicating that the momentum is shifting to the bullish side. The stochastic oscillator is above 70, indicating that the index is overbought and may be due for a pullback. The MACD has crossed above its signal line, generating a bullish crossover signal. The CCI is above 100, indicating that the index is in a strong uptrend.
Moreover, the index has broken above its upper channel line and its 20-day moving average, which could act as support levels in case of a retracement.
Moreover, the index has broken above its upper channel line and its 20-day moving average, which could act as support levels in case of a retracement.
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