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Bull Monday if they can defend 8650 | 8610 below | 8700 8710 8742 resistance

#1 · 24th March 2025, 11:14 am

Technical analysis for FTSE 100 for 24th March 2025

We are starting the week on the front foot and looking like we may well have a decently optimistic bull Monday play out. The US markets have gapped up considerably already following a decent Asian open, but that has left a gap on the S&P500 at 5670 so if we get a drop back here we may well see a decent bounce from here.

The FTSE100 is also looking bullish and the bulls will be keen to recapture the 8700 level and push for another test of the 8740 area that we dropped off strongly from on Thursday (it was the 2h Hull there). If they can push above that then ultimately we are looking at a rise towards the 8790 area though it probably won't be that bullish today.

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