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8300 still the line in the sand | 8317 8365 above | 8236 8205 support

Technical analysis for FTSE 100 for 9th January 2025

Despite the negative backdrop in the UK regarding bond yields etc and the precipice that is looming (not much of a surprise!) the FTSE100 has hung in there, mostly as it's more internationally focussed. Unlike the UK mid-caps which took a battering yesterday. For today we may well see the test of the 8300 level that has been on the cards all week, and once again buying the dips is the play.

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