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Can the bulls break 8190 for 8234 and 8300 again | 8135 8102 support | BOE rate cut

Nick@ht-admin
#1 · 7th November 2024, 11:37 am

Technical analysis for FTSE 100 for 7th November 2024

Trump's victory certainly galvanised the bulls yesterday with US indices and BTC climbing high, while gold tumbled. Rhetoric on America first and tariffs kept the European markets in check though as the FTSE100 tumbled from the 8300 level. Initially today we have the 8190 Hull MA resistance level that the bulls will need to break if they are to push on today.

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Last edited on 7th November 2024, 11:48 am by Nick