Daniel Ang

Selling Opportunity in FTSE 100 Index. Limit Sell Order Filled @ 8007.48 Fri, Feb 17, 18:00pm. Closed Out @ 7920 Wed, Feb 22, 14:24pm +$503.20

Chart UK100, H1, 2023.02.17 04:17 UTC, Blueberry Markets Pty Ltd, MetaTrader 4, Real

Chart UK100, H1, 2023.02.20 10:08 UTC, Blueberry Markets Pty Ltd, MetaTrader 4, RealChart UK100, H1, 2023.02.22 20:44 UTC, Blueberry Markets Pty Ltd, MetaTrader 4, RealThe FTSE 100 index traded to an all-time high at 4082.00 yesterday (Feb 16). It immediately came under selling pressure which took this market lower to 7971.50. From there, there was another rally attempt only to fail at 8024.50. All this happened within the same day.

Overnight, this index once again came under pressure following the overnight weakness in U.S. equities.

Should a rebound higher towards 8007.00 materializes, a selling opportunity may presents itself.

TRADE IDEA

Sell Limit @ 8007.00. Limit Sell Order Filled @ 8007.48 Fri, Feb 17, 18:00pm.

Stop @ 8050.00

Target @ 7920.00.