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Bearish start as tariffs announced | 8540 8600 resistance | 8440 8351 support

Nick@ht-admin
#1 · 3rd April 2025, 10:40 am

Technical analysis for FTSE 100 for 3rd April 2025

It's been a while since we have had a -1000 point move on the Dow, but the "Liberation Day" has put the cat amongst the pigeons to start things off this morning. A sea of red to start the day on indices, however we could see a bit of a relief rally - stocks do like to climb a wall of worry sometimes. We are also oversold and on long term support, with the bottom of both the 10 & 20 day Raff channels here at 8440 to start with.

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Last edited on 3rd April 2025, 10:41 am by Nick