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Bulls lose round one but rise and dip today | 7400 7350 support | 7474 7502 7521 resistance

 

Technical analysis for FTSE 100 for 5th September 2023

Asian shares pushed higher on Monday as markets wagered the Federal Reserve was done raising U.S. interest rates, and on hopes the drip feed of policy stimulus from Beijing would be enough to stabilise the Chinese economy.

Generally then today it looks like we may well see a bit of a Bull Monday once again, and a rise to test the 7575 level is what I am looking for.

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