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Bear Tuesday with dip and rise | 8854 8883 resistance | 8792 8760 support

#1 · 17th June 2025, 10:24 am

Technical analysis for FTSE 100 for 17th June 2025

Well we certainly got the rise and dip again yesterday though it turned just shy of the 8910 resistance level, and its set the scene for a bear Tuesday today, with initial resistance at the 8855 level as we have the daily pivot and the red 30m coral here, along with the 2h Hull MA on the now bearish 2h chart. As such an initial rise to here then a drop off as the global geopolitical "chaos" continues unabated is likely with a drop down to test the 8790 area again.

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