Discussion Forum for trading analysis, help, signals and learning how to trade. Chat with other traders , post analysis, trades and ask questions. This is the public part of my website. For more in-depth discussions please consider joining to chat with other members

ForumTrading Forum with market discussion and live trades: Market Discussion7555 tested overnight with more w …

Please or Register to create posts and topics.

7555 tested overnight with more weakness due | 7535 7502 7450 below | 7643 7690 resistance

#1 · 28th September 2023, 8:46 am

Technical analysis for FTSE 100 for 28th September 2023

A test of the 7555 support level after hours last night saw the bulls react and drive it up to 7615 overnight lending weight to the validity of that as a support level. The question for today is if that is the one and only test we will get of that level and we start to see the October strength kicking in. I am thinking though that we may well get an in hours test of the 7566 level this morning, to test the 25ema within trading hours.

The ASX200 had a rise and dip play out and we may well see the same.