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7360 still remains to be tested | 7343 below | 7423 7441 7470 resistance

#1 · 9th November 2023, 10:14 am

Technical analysis for FTSE 100 for 9th November 2023

A few tests below 7400 yesterday and once again the 7440 level held as resistance, this setting up 7370 and 7440 as the range in play currently. We still haven't tested the 7360 daily support level so that remains in place for today, and a rise, dip, rise looks like it will play out.

The bulls will of course be keen to break above the 7440 level as that would then allow a rise towards the 7500 level once again, more than likely the 7515 area ultimately.