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Bulls need to defend 8680 and 8650 | 8720 8769 resistance | Inflation rises

Nick@ht-admin
#1 · 20th February 2025, 11:15 am

Technical analysis for FTSE 100 for 20th February 2025

Amazing drop on the Dax40 yesterday and was nice to short right at the high of the day! That also carried through into the FTSE100 which failed to break above the 8780 level. For today, we may well see the bears try and break below the 8700 level to test the 8650 support area. The S&P500 also dropped off the Hull MA yesterday and the bears will be looking to break 6100 on that.

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Last edited on 20th February 2025, 11:17 am by Nick