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Bulls on the front foot with 8376 in sight | 8350 resistance | 8313 support

Nick@ht-admin
#1 · 8th May 2024, 10:04 am

Technical analysis for FTSE 100 for 8th May 2024

Despite a fairly lacklustre session yesterday the bulls defended the 8300 level and we are looking at an 8330 open this morning. Overnight we tested the 8350 level so that is the new line in the sand and once again we may well see a double top with the overnight high and then a drop back. That level also coincides with the R1 level to start with so we may well see the bears have a go here.

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Last edited on 8th May 2024, 10:05 am by Nick