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4th July is..... election day | 8340 8315 support | 8430 8486 resistance

Technical analysis for FTSE 100 for 23rd May 2024

So with the election date now set, Nvidia still bullish, inflation still high and the FTSE100 dipping below the 8400 level, it's up to the bulls today to push it back up. The ASX200 had a bullish session and we may well in fact follow suit, and a rise back towards the 8430 level may well play out. The brief foray below the 8360 support level last night has been retraced, and they will be keen to push past 8400 initially.

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