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Can the bulls defend 10300 | 10250 10220 below | 10388 10480 resistance

Technical analysis for 13th May 2026

FTSE 100

  • Bias: Neutral → slightly bullish recovery
    • FTSE finally stabilising after prolonged weakness
    • Recovering inside falling channel
    • Still below major moving average resistance, so upside may be limited
  • Key levels
    • Resistance: 10,351 → 10,388 → 10,451
    • Support: 10,243 → 10,190 → 10,097
  • Trading view
    • Mild bullish bias above 10,240
    • But rallies into 10,350+ could still face sellers
    • Needs breakout above falling trendline for proper reversal
  • FTSE improving, but still weaker than US markets.