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Bear Tuesday with 10180 10152 support | 10253 10283 resistance | US Inflation report

Nick@ht-admin
#1 · 12th May 2026, 8:53 am

Technical analysis for 12th May 2026

FTSE 100

  • Bias: Bearish
    • Weakest equity index on your charts again
    • Downtrend channel intact
    • Continues failing below falling EMA structure
  • Key levels
    • Resistance: 10,253 → 10,290
    • Support: 10,200 → 10,187 → 10,152
  • Trading view
    • Prefer short setups while below pivot
    • Any rally toward EMA resistance likely sold
  • Needs breakout above 10,300+ to improve outlook
  • FTSE continues to lag badly versus US indices.
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Last edited on 12th May 2026, 8:53 am by Nick