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Can the bulls break 7800 | 7820 7846 resistance | 7767 7730 support

Nick@ht-admin
#1 · 14th March 2024, 9:58 am

Technical analysis for FTSE 100 for 14th March 2024

The FTSE100 bounced just above the 7730 level yesterday yet the 7800 level remains elusive.... will it try and push above that today? If it does so then there are a cluster of resistance levels at the 7820 area with the R2 and key fib here, as well as being just above the 20d Raff channel top. As such, a dip off this level would make sense. A likely level to bank some profits for this holding from yesterdays bounce.

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Last edited on 14th March 2024, 9:59 am by Nick