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20 point dividend | 8590 8631 8645 resistance | 8553 8513 support

Technical analysis for FTSE 100 for 14th May 2025

The bulls aren't really doing a great job of getting the price above the 8600 level and holding it, hence the 2h chart is bearish to start with this morning. As such we may well follow the ASX200 pattern and have another dip and rise play out, as we drop down to test the supports at the 8550 level again. We have S1 here initially, as well as a double bottom with yesterday.

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