Major Indices Roundup:
- FTSE 100 stretches out ahead of prominent BoE speeches
- DAX hints at shorter-term downside pressure
- S&P 500 eases but remains at elevated levels – Nvidia reports earnings on Wednesday
- Indices currently evolve as trending markets but comes a point when this may change. Discover the different market conditions and how to effectively approach them:
Recommended by Axel Rudolph
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Master The Three Market Conditions
FTSE 100 tries to reach last week’s record highs
The FTSE 100 is gunning for last week’s record high at 8,479 with the psychological 8,500 mark remaining in sight as several Bank of England (BoE) members will be speaking in the course of this week.
Upside pressure will be maintained while last week’s low at 8,393 underpins on a daily chart closing basis.
FTSE 100 Daily Chart
Source: ProRealTime, prepared by Axel Rudolph
