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UK FTSE support & resistance forecast

 
UK Stock Market FTSE very close to important support
Patel (5/26/2008 5:10:59 PM)

UK Stock Exchange FTSE very close to important support 6087.

This is a very important support, once market (FTSE)close below this level next support is 5831 and 5414 and up side resistance is 14392. Write now many indicator indicating market is oversold so it can jump from 5831 or 5414.



GLOBAL MARKETS-World shares hold close to record highs; U.S. markets close for Thanksgiving
(Thu, 26 Nov 2020 12:29:02 +0000)
Global stocks held near record highs on Thursday, while the rally in European stocks paused, as recent vaccine progress, Joe Biden's U.S. presidential election win and hopes for further stimulus kept markets bullish. World equities are having their best month on record in November, boosted by a slew of positive vaccine announcements and hopes that Biden's administration will deliver more economic stimulus and political stability. The MSCI world equity index, which tracks shares in 49 countries, rose to a record high on Wednesday and held close to it on Thursday, up 0.1% on the day at 1142 GMT, as markets shrugged off the latest rise in U.S. jobless claims.
GLOBAL MARKETS-World shares hold close to all-time highs; U.S. markets close for Thanksgiving
(Thu, 26 Nov 2020 09:02:00 +0000)
European shares were mixed on Thursday and world shares held near all-time highs after a strong Asian session in which market euphoria around COVID-19 vaccines, Joe Biden's U.S. presidential election win and hopes for further stimulus outweighed worsening U.S. data. World shares are having their best month on record this November, boosted by a slew of positive vaccine announcements and hopes that Biden's administration will deliver more economic stimulus and political stability. The MSCI world equity index, which tracks shares in 49 countries, hit an all-time high on Wednesday and held close to this level on Thursday, up 0.2% on the day at 0821 GMT , as markets shrugged off the latest rise in U.S. jobless claims.
Dow Futures Hold Near 30,000 Heading Into Thanksgiving Break; Weekly Jobless Claims Hit Five-Week High
(Wed, 25 Nov 2020 13:49:00 +0000)
The Dow took just 46 months to go from 20,000 to 30,000, breaching the historic mark in a Tuesday rally that has the benchmark on pace for its best month since 1987.
Enjoy Thanksgiving with a Wall Street Bonanza
(Wed, 25 Nov 2020 13:10:01 +0000)
It will be prudent to invest in large-cap stocks with a favorable Zacks Rank that are members of any of the three large-cap indexes. These are DHR, UPS, NVDA, MSFT, TGT, TMO, DE, FDX.
US shares set records as investor optimism grows
(Wed, 25 Nov 2020 02:05:33 +0000)
The Dow Jones index closes above 30,000 for the first time amid string of positive news.
  


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