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Bear Tuesday | 8873 8892 resistance | 8812 8792 support | Unemployment ticks up

#1 · 10th June 2025, 10:16 am

Technical analysis for FTSE 100 for 10th June 2025

Not a massive amount of excitement yesterday but the bulls failed to break above the 8850 level so that remains the line in the sand for the moment, with the 8872 and 8895 levels as key resistance above that. We may well see those both those levels tested today and then a subsequent bearish reaction so worth shorts off both of them. It would be good to get near the 8900 area as well as that would bode well for some further upside later this week, especially if there are some positive development on the US-China trade front. 8873 was also the highest closing price earlier this year.