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Bulls out the blocks for Bull Monday with 8300 8330 8348 resistance | 8241 8204 support

Nick@ht-admin
#1 · 25th November 2024, 11:49 am

Technical analysis for FTSE 100 for 25th November 2024

Bull Monday kicking in early with almost an overnight test of the 8330 resistance level, dropping off from 8320 instead. It feels like Friday's plan of buying the dips will roll into this session as well, and I am still expecting a decent end to November with the bulls in charge. With the overnight move up it has left a gap at 8275 which we have already dropped back too, but this move has also led to a breakout above the 20d Raff channel, lending further weight to the bullish charge.

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Last edited on 25th November 2024, 11:50 am by Nick