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Bulls still need to defend 7540 for 7625 | 7640 above | 7523 7495 below

Technical analysis for FTSE 100 for 13th December 2023

Slight overshoot of the 4615 support level on the S&P500 yesterday, but apart from that it was bullish for the session, and has pushed up to the 4650 level. That bodes well for some more upside on the FTSE 100 today, having topped out at 7610 yesterday. The bulls will be cheered by the move above 7600, but frustrating that they failed to test the 7625 resistance that still remains in play.

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