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10230 tested overnight | 10262 10277 above | 10191 10150 support

Technical analysis for 15th January 2026

FTSE100 Bias

  • BIAS: BULLISH (LEADER, BUT WATCHING ACCEPTANCE)
  • Outlook
    • Price is holding above the 10,000 area, which keeps the trend constructive.
    • Structure remains higher highs / higher lows.
    • Momentum is positive, but the market is no longer early in the move.
  • How to treat FTSE today
    • Favour longs
    • Buy pullbacks, not breakouts late in the move
    • Expect pauses and rotations
  • Only turn cautious if price accepts back below ~9,980–10,000
  • Tone: Bullish, but selective rather than aggressive.