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Climb off overnight low | 8200 8255 resistance | 8122 8085 support

Nick@ht-admin
#1 · 30th May 2024, 8:44 am

Technical analysis for FTSE 100 for 30th May 2024

The bears continue to capitalise on the change in sentiment and have broken below the 8200 level now, with the 8100 level in their sights. Initially today though we have support at the 8122 level, along with 8102 for the bottom of the 20d Raff channel. I have split these with the order today and am thinking that we will see an initial rise.

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Last edited on 30th May 2024, 8:45 am by Nick