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Cautious tone ahead of Nvidia | 10904 10949 resistance | 10840 10825 support

Nick@ht-admin
#1 · 25th August 2026, 8:59 am

Technical analysis for 25th August 2026

We start Tuesday with a noticeably more cautious tone, particularly around technology. Yesterday's FTSE performed well, gaining 0.4% to close at 10,854.32, finally breaking through the 10,825 area we've been watching. Mining stocks provided much of the support.

Wall Street was less convincing. The S&P 500 and Nasdaq both finished lower, with semiconductor and technology stocks coming under pressure ahead of Nvidia's results. Nvidia, Micron and Broadcom were among the notable decliners.

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Last edited on 25th August 2026, 9:00 am by Nick