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FTSE 100, sell signal in its 1st week: exit gate far from confirmation

The FTSE 100 issued a weekly sell signal one week ago. The exit gate is under observation: return from the signal is +2.7%, far from the −6% confirmation threshold. The quality band flags discouraged operativity on the new short and Signal Strength is low, at 3 out of 100.

In Summary
The FTSE 100 issued a weekly sell signal 1 week ago. The exit gate is under observation: 2 weeks remain before the window expires and the return from the signal is +2.7%, far from the −6% confirmation threshold. The quality band, however, flags discouraged operativity on the new short, and Signal Strength is low, at 3 out of 100. The 3 statistical profit-taking areas have not yet been reached.
Sell signal in observation ·1st week from start ·EU-UK Broad indices ·T1
IQS Phase
48
ordinary
Signal Strength
3
low · fading
ATH distance
11.41%
11.41%
KPI 4
0/3
Chart · Weekly — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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