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Bulls need to defend 8400 and break 8470 | 8360 support below | 8507 resistance

Nick@ht-admin
#1 · 25th April 2025, 9:08 am

Technical analysis for FTSE 100 for 25th April 2025

Sentiment has inevitably changed as it always does and it's looking more positive and bullish for equities again (9000 FTSE100 this year...!!). As such I am still in buy the dip mode for the longer timeframes, though we did get a decent short yesterday from the 8413 level as the bears drove it down to test the 8350 area again. That held well and its have set up a decently bullish looking 30m chart to start with today, and we have support at the daily pivot 8417 and green 30m coral here also.

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Last edited on 25th April 2025, 9:09 am by Nick