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Bulls fight back despite Middle East tensions | 8010 8045 resistance | 7935 7890 support

Technical analysis for FTSE 100 for 15th April 2024

First things first.... will tension ratchet up? Everyone waiting to see if Israel retaliates for Iran's retaliatory missile barrage, in retaliation to...... and so it goes on. One tiny little planet that we all live on and yet we never seem to learn from the past. Anyway......

I hope you had a good weekend! Looking at the technicals we have had a decent drop off the 8030 resistance and the double top with the all time high at 8045 area too. The bulls will of course be keen to break above this and ultimately we may still see the 8300 level..... nuclear armageddon notwithstanding!

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