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Bearish with 8290 8339 resistance | 8234 8203 support | Daily chart gone bullish

#1 · 26th November 2024, 11:38 am

Technical analysis for FTSE 100 for 26th November 2024

Bull Monday played out well and sets the scene for a bit of a drop back today (in the overall bullish trend though) and funnily enough kick started last night with Trump's post about tariffs. Not totally unexpected though as he has been mentioning tariff for a while. The bulls failed to reach the out of hours high at 8320 yesterday so that level remains the line in the sand for the moment, though we now have a bearish 2h chart with resistance from the Hull MA at 8290.

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