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Bear Tuesday after the 8625 bounce | 8737 8774 resistance | 8680 8626 support

Technical analysis for FTSE 100 for 18th March 2025

Decent bull Monday yesterday with the 8625 support level being the spring board for a rise all the way to the 8713 resistance level which failed to break. So far anyway! Overnight it's remained at the 8700 area and we may well see a rise a dip today for a bit of bear Tuesday over the course of the day. The bulls will be aiming to get it up towards the 8740 area where we have two key resistance levels in play - R1 at 8737 and the key fib at 8743, along with the top of the 10d Raff channel here.

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