FTSE 100 · buyers take the week back
ISF, the FTSE 100 ETF: buyers return while 1061 keeps capping the move
Our view last week
Weekly technical analysis of ISF, the FTSE 100 ETF: the latest bar went to the sellers, extremely dominant into the close, with buying down to 15% of turnover. On the daily, 4 higher lows hold, walking price from the 1020 handle toward 1060, and the record still sits more than 9% higher, with wide running room ahead. ADX at 37.4 speaks of a trend with conviction, while the MACD histogram rolls over. The quality band advises against fresh entries.
This week's summary
ISF, the FTSE 100 ETF, takes the week back: after a bar that belonged to the sellers, buyers have reclaimed nearly 90% of turnover. The weekly technical analysis still shows price boxed in below the 1061 area, rejected twice, and 7.7% below its own record. The trade is up 2.02% since entry, yet the quality band keeps advising against fresh entries.
IQS Phase
84
in tension / maturity
Signal Strength
11
low · fading
ATH distance
8.34%
8.34%
KPI 4
0/3
Trade P&L %
+2.02%
from signal to date, no stop loss
restricted Platinum content