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Can the bulls defend the drop | 8715 8679 support | 8775 8808 8821 resistance

#1 · 14th February 2025, 11:50 am

Technical analysis for FTSE 100 for 14th February 2025

Quite the drop yesterday as the FTSE100 took fright, however it found support at the 8740 area and that has acted as a bit of a springboard coming into this morning. As such we may well see a rise and dip play out today, with a potential test of the 8810 level where we have the 2h Hull MA and coral lines. If the bulls can break the daily pivot at the 8775 level initially!

Above 8810 then the R1 level of 8821 along with daily resistance also here, is close by, but further upside would target the 8867 level. Feels a big ask for a Friday to push up to that though.

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