Discussion Forum for trading analysis, help, signals and learning how to trade. Chat with other traders , post analysis, trades and ask questions. This is the public part of my website. For more in-depth discussions please consider joining to chat with other members

ForumTrading Forum with market discussion and live trades: Market DiscussionBulls need to break 8285 for 8320 …

Please or Register to create posts and topics.

Bulls need to break 8285 for 8320 | Budget week | Tax tax tax | 8205 8178 support

#1 · 28th October 2024, 10:59 am

Technical analysis for FTSE 100 for 28th October 2024

Well here we go... budget week so buckle up.... For today I am thinking that we may well have a bullish bias (as it's Monday!) and buying the dip is the play. I am looking at the 8200 area as key support for today as we have the S1 and key fib here, and it's just above the 8193 daily support level as well.

If the bulls do defend any drops then a rise towards the main resistance level at the 8280 area would make sense and this looks to be a fairly key level today.

READ MORE