UK Index 100 FTSE 100 is neutral

Pivot

7805.00

Our preference

Short positions below 7805.00 with targets at 7540.00 & 7445.00 in extension.

Alternative scenario

Above 7805.00 look for further upside with 7930.00 & 8047.00 as targets.

Comment

The RSI has struck against a major resistance around 70% and is reversing down.

Supports and resistances

8047.00

7930.00

7805.00

7662.67 Last

7540.00

7445.00

7280.00

Number of asterisks represents the strength of support and resistance levels.
Technical IndicatorsTrend AnalysisWave Analysis

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