Discussion Forum for trading analysis, help, signals and learning how to trade. Chat with other traders , post analysis, trades and ask questions. This is the public part of my website. For more in-depth discussions please consider joining to chat with other members

ForumTrading Forum with market discussion and live trades: Market DiscussionBudget hangover as the slide cont …

Please or Register to create posts and topics.

Budget hangover as the slide continues | 8104 8061 support | 8150 8180 8214 resistance

#1 · 31st October 2024, 12:04 pm

Technical analysis for FTSE 100 for 31st October 2024

Well that's the budget out the way now, and focus will be on NFP tomorrow and the election in the US on Tuesday..... nothing too major then!

Initially today we still have the 8120 support area in play and we may well see the bulls stage a bit of a fight back from around this area given the slide from 8320 this week. 8116 is the key fib and the 200ema on the daily is just below this as well so I would like to see a bit of a bounce around this area.

READ MORE