FTSE 100 extended losses and traded below 5-day, 20-day and 50-day SMA

  • Dec 03, 2019 GMT
  • Team Kalkine
 
  • The broader index of the UK, the FTSE 100 extended losses for the fourth consecutive day in a row and traded 138.59 points or 1.87% lower at 7,149.78 at 03:57 PM GMT. This was the highest one-day fall in the past one-month.
  • Also, the broader index traded below its crucial short-term and long-term support levels of 5-day, 20-day, 50-day and 200-day simple moving average support levels.

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