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 DiscussionAutumn Statement today | Tax cuts …

Please or Register to create posts and topics.

Autumn Statement today | Tax cuts | 7505 7530 7560 resistance | 7474 7450 7420 support

#1 · 22nd November 2023, 10:15 am

Technical analysis for FTSE 100 for 22nd November 2023

The FTSE 100 declined 0.19pc Tuesday to 7,481.99, while the FTSE 250 dropped by 1.35pc to 18,347.63. The FTSE 100 receded on Tuesday with heavyweight energy stocks falling on lower crude prices, while the pound gained steam after comments from Bank of England officials, further pressuring the exporter-heavy index. Heavyweight energy stocks lost 1.0% tracking lower oil prices, as investors turned cautious ahead of an OPEC+ meeting this Sunday when the producer group may discuss deepening supply cuts.