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Bulls fighting back | 8308 8320 8336 resistance | 8264 8220 support | US holiday

#1 · 28th November 2024, 11:41 am

Technical analysis for FTSE 100 for 28th November 2024

Yesterday played out well with the 8280 resistance and 8240 support both getting the reactions ahead of the US Thanksgiving Holidays today and tomorrow. The bulls have managed to continue the bounce form 8240 overnight so continue to trail the stop on that long as they will still want to target the 8320 area again.

For today I am thinking that we will get a rise towards the 8319 key fib and we also have the 2h Hull MA at 8315 as resistance.

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