|UK Stock market overview|
It was a strong finish to Tuesday's session, with traders keen to keep up with
the gains seen amongst global equities during the bank holiday.
After coming off declines following an initial jump, the FTSE 100 ultimately
ended 47.51 points higher at 6,822.76, with afternoon trading helped by
stronger-than-expected data in the US.
The market looks like it’s ready to continue going higher, probably challenging
the 6900 level and crossing of it can then heads to 7000 in the short-term.
Index is managing to trade above 50 DMA & 200 DMA with positive bias,
It has managing to give clossing above zero level line with MACD & Signal line
sustaing above that which is indicating strength in the trend.