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Consolidation with 8300 8267 support | 8321 8350 resistance

#1 · 23rd October 2024, 9:47 am

Technical analysis for FTSE 100 for 23rd October 2024

A cracking bounce off the 8251 level yesterday so keep running the 8252 long for the time being. The bulls will be keen to defend the 8300 level this morning as we have the daily pivot here, along with the green 30m coral, and they will be buoyed by the fact that it has held overnight as well, despite a slide on the ASX200.

Below the 8299 level then the bears would be looking towards S1 at 8267, and then yesterdays low at 8251, with 8235 below that.

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