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Bear Tuesday potential with 9009 9030 9050 resistance | 8980 8950 support

#1 · 22nd July 2025, 12:07 pm

Technical analysis for FTSE 100 for 22nd July 2025

A decent double top reaction at the 9010 level yesterday and a modest drop down each time, but we may well see a bit of a bear Tuesday play out today and a test of the 8950 support level. If we do then a bounce here would make sense for the bulls to have another assault on 9000. The past few daily candles have got long tails and wicks which suggests a bit of indecisiveness/consolidation - so we may well see the summer sell off start early next week/back end of this week.

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