Discussion Forum for trading analysis, help, signals and trading

Discussion Forum for trading analysis, help, signals and learning how to trade. Chat with other traders , post analysis, trades and ask questions. This is the public part of my website. For more in-depth discussions please consider joining to chat with other members

Forum Navigation
Please or Register to create posts and topics.

New month money | 7582 7552 support | 7638 7685 7724 resistance | BoE interest rate 5.25%

Nick@ht-admin
#1 · 1st February 2024, 9:58 am

Technical analysis for FTSE 100 for 1st February 2024

The UK's blue-chip index fell on Wednesday, hurt by losses in energy shares and Vodafone. The blue-chip FTSE 100 slipped 0.5%, with heavyweights Shell and BP weighing on the index with a 1% slide, tracking oil prices lower. UK stocks logged their worst month since October as investors scaled back bets of aggressive interest rate cuts from major central banks, with concerns about China's slowing economy adding to the gloom.

Click for thumbs down.0Click for thumbs up.0
Last edited on 1st February 2024, 10:00 am by Nick