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Can the bulls hold above 10900 | Nvidia results | 10880 10850 support | 10952 above

Nick@ht-admin
#1 · 26th August 2026, 8:18 am

Technical analysis for 26th August 2026

The immediate backdrop has improved: Brent crude has dropped more than 2% to around $86.40 as hopes increase that talks involving Iran and Oman could eventually lead to progress on reopening the Strait of Hormuz. Lower oil has also helped Treasury yields ease, which is constructive for equities. For today's trading, I'm therefore bullish on the FTSE, increasingly constructive on the DAX, cautious about chasing the S&P before Nvidia, and still bullish on Gold.

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Last edited on 26th August 2026, 8:19 am by Nick