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Bullish Zoom Zoom with 6699 6725 resistance | US PCE data | 8632 8580 support

Nick@ht-admin
#1 · 31st January 2025, 10:42 am

Technical analysis for FTSE 100 for 31st January 2025

Well that was even more bullish yesterday than expected with the bulls managing to power their way to the 8680 level in a steadily trending up day. Initially today we need to break 8665 which will likely see the bulls make an attempt at the 8699 key fib level, and possibly  8717 where we have the top of the 10d Raff channel. We may well see a stutter here and a dip back down.

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Last edited on 31st January 2025, 10:43 am by Nick