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Bears drive it down | 8120 8105 8090 support | 8178 8228 resistance

Technical analysis for FTSE 100 for 24th July 2024

Certainly got the dip rise dip play out yesterday and we may well see a rise and dip today. We are just about testing the initial support level to start with at the 8125 level with S1 and the key fib here, though a test of that 8105 daily support may well materialise today. If it does then I would like to see a bounce here, and a rise towards the 8178 daily pivot level would make sense.

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