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Bulls will be aiming to break 8800 | 8729 8680 support | 8798 8825 8866 resistance

#1 · 30th May 2025, 9:40 am

Technical analysis for FTSE 100 for 30th May 2025

8800 still remains the key level for the moment and we saw another drop off from there yesterday to retest the 8700 which held. The bulls will likely be trying to push this up today to end the month though some profit taking at the end of the session may well materialise. Initial resistance is at 8798 where we have R1 and also the key fib here, and that is also just above the red 2h coral at 8780. As such, we may see any initial rise falter at 8800 again and a drop back down to the daily pivot 8746.

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