{"id":23923,"date":"2022-03-17T07:22:00","date_gmt":"2022-03-17T07:22:00","guid":{"rendered":"https:\/\/youtrading.com\/en\/?p=23923"},"modified":"2022-03-17T11:34:47","modified_gmt":"2022-03-17T11:34:47","slug":"uk100-technical-analysis-bullish-above-7300","status":"publish","type":"post","link":"https:\/\/youtrading.com\/en\/uk100-technical-analysis-bullish-above-7300\/","title":{"rendered":"UK100 Technical Analysis &#8211; Bullish Above 7,300"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"23923\" class=\"elementor elementor-23923\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-04c2365 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"04c2365\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1812d32\" data-id=\"1812d32\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a3e81b7 elementor-widget elementor-widget-text-editor\" data-id=\"a3e81b7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The <a href=\"https:\/\/bit.ly\/3JcZ7OZ\" target=\"_blank\" rel=\"noopener\">FTSE 100<\/a> is starting to rally again, as <a href=\"https:\/\/bit.ly\/3KYwtBV\" target=\"_blank\" rel=\"noopener\">US indices<\/a> surge after the Federal Reserve meeting and the leading UK index found meaningful technical support from just above the 7,050 level.<\/p><p>Traders bought stocks after the FED sounded more bullish towards the US economy, and largely played down the rising inflationary pressure. The 0.25 basis point increase was a relief to the market.<\/p><p>Many market participants feared that the FED could raise rates very aggressively, by around 0.50 basis. Now UK100 traders turn their attention to the Bank of England.<\/p><p>If the Bank of England raises rates for a third consecutive month to tame inflation, it could weigh on the UK100. With energy prices surging, it\u2019s entirely possible the UK central bank could raise rates.<\/p><p>Sentiment towards the UK100 still looks overly bullish. According to the ActivTrader platform, over 71 percent of traders are bullish towards the UK100. This is still a large one-way trading skew.<\/p><p>Typically, the retail crowd is on the wrong side of the trade more often than not, so the UK100 could have come too far too fast. Investors are faced with a real dilemma in terms of whether buy the UK100 due to the conflict in the Ukraine worsening.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d2d3081 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d2d3081\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1a94039\" data-id=\"1a94039\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8386d29 elementor-widget elementor-widget-image\" data-id=\"8386d29\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3JcZ7OZ\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"449\" height=\"167\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/UK100-CHART-2.jpg\" class=\"attachment-large size-large wp-image-23927\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ade3cd5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ade3cd5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b30ad92\" data-id=\"b30ad92\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a0c7517 elementor-widget elementor-widget-text-editor\" data-id=\"a0c7517\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Technical analysis provides a compelling case that a meaningful price floor is in fact in. A strong bounce is currently underway from a massive rising price channel across the higher time frames.<\/p><p><strong>UK100 Short-Term Technical Analysis<\/strong><\/p><p>The four-hour time frame shows that the UK100 index is advancing back towards its 200-period MA on the four-hour time frame, around the 7,400 level. The metric is very good to define the short-term trend.<\/p><p>Should we see a push above the 7,400 level it is likely will see the FTSE100 testing back towards a formed wedge breakout, around the 7,500-resistance level.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-fdfc44b elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"fdfc44b\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7a551cc\" data-id=\"7a551cc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8bfa781 elementor-widget elementor-widget-image\" data-id=\"8bfa781\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3JcZ7OZ\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"936\" height=\"515\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/UK100-4H-1.jpg\" class=\"attachment-large size-large wp-image-23929\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-29376eb5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"29376eb5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1c58fb17\" data-id=\"1c58fb17\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-14895bb1 elementor-widget elementor-widget-text-editor\" data-id=\"14895bb1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3JcZ7OZ\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7a16d03 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7a16d03\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0020a6b\" data-id=\"0020a6b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-0479eef elementor-widget elementor-widget-text-editor\" data-id=\"0479eef\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><strong>UK100 Medium-Term Technical Analysis<\/strong><\/p><p>The daily time frame shows that the FTSE100 has once again bounced from the bottom a rising price channel between the 7,000 and 8,500 price level.<\/p><p>It should be noted that dip-buyers are were stacked around the 7,050 level earlier this week, with the expectation of a major bounce back towards the top of the price channel over the medium-term.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-178e078 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"178e078\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a932c6b\" data-id=\"a932c6b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-70e977c elementor-widget elementor-widget-image\" data-id=\"70e977c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-image\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/bit.ly\/3JcZ7OZ\" target=\"_blank\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"936\" height=\"518\" src=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/UK100-1D-4.jpg\" class=\"attachment-large size-large wp-image-23930\" alt=\"\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6251ba8c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6251ba8c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-15d3c150\" data-id=\"15d3c150\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d497a57 elementor-widget elementor-widget-text-editor\" data-id=\"6d497a57\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p><a href=\"https:\/\/bit.ly\/3JcZ7OZ\" target=\"_blank\" rel=\"noopener\">See real-time quotes<\/a> provided by our partner.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The FTSE 100 is starting to rally again, as US indices surge after the Federal Reserve meeting and the leading UK index found meaningful technical support from just above the 7,050 level. Traders bought stocks after the FED sounded more bullish towards the US economy, and largely played down the rising inflationary pressure. The 0.25 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":23925,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[56,42,57,167],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v17.6 (Yoast SEO v20.11) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UK100 Technical Analysis - Bullish Above 7,300 - Youtrading UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/youtrading.com\/en\/uk100-technical-analysis-bullish-above-7300\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK100 Technical Analysis - Bullish Above 7,300 UK100 Technical Analysis - Bullish Above 7,300\" \/>\n<meta property=\"og:description\" content=\"The FTSE 100 is starting to rally again, as US indices surge after the Federal Reserve meeting and the leading UK index found meaningful technical support from just above the 7,050 level.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/youtrading.com\/en\/uk100-technical-analysis-bullish-above-7300\/\" \/>\n<meta property=\"og:site_name\" content=\"Youtrading UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/YouTradingEnglish\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-17T07:22:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-17T11:34:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/youtrading.com\/en\/wp-content\/uploads\/2022\/03\/annie-spratt-IT6aov1ScW0-unsplash.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"343\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nathan Batchelor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"UK100 Technical Analysis - Bullish Above 7,300 UK100 Technical Analysis - Bullish Above 7,300\" \/>\n<meta name=\"twitter:description\" content=\"The FTSE 100 is starting to rally again, as US indices surge after the Federal Reserve meeting and the leading UK index found meaningful technical support from just above the 7,050 level.\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nathan Batchelor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/youtrading.com\/en\/uk100-technical-analysis-bullish-above-7300\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/youtrading.com\/en\/uk100-technical-analysis-bullish-above-7300\/\"},\"author\":{\"name\":\"Nathan Batchelor\",\"@id\":\"https:\/\/youtrading.com\/en\/#\/schema\/person\/88ce8e6688d6c690a83e6cbeee2eccab\"},\"headline\":\"UK100 Technical Analysis &#8211; 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