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Bulls trying | 8208 8227 8250 resistance | 8165 8145 8118 support

Nick@ht-admin
#1 · 14th June 2024, 10:06 am

Technical analysis for FTSE 100 for 14th June 2024

The bulls are fighting back having tested the 8150 support area yesterday and we are just nudging the 8200 level to start with today. We have the resistance level from R1 at 8208 to start with, and 8197 for the 30m 200ema.

Just above this is the key fib at 8227 and and once again the daily 25ema at 8240. It feels like the bulls may well stage a bit of a fightback today ahead of the weekend, and a weekly close above the 8200 level.

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Last edited on 14th June 2024, 10:07 am by Nick