Quote from Nick on 8th October 2025, 9:47 am

Technical analysis for FTSE 100 for 8th October 2025

The bulls continue to hang in there and still need to break above the recent high at 9517 in order to test the next key level at the 9560 area. They may well manage to do that today if they can defend the 9487 daily pivot, and push though R1 at 9512 as well. The 2h chart is bearish for today still though and we have the Hull MA at the 9517 level to add weight to that level, so the bulls will certainly need to fight hard to break thorough that. The daily Raff channels continue to head upwards so it's generally still bullish sentiment for the FTSE100 at the moment, and the bulls will still ultimately be aiming for that 9700 area. Generally we have been making higher highs and higher lows since late September.

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