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Dip and rise today for a late bull Monday | 7500 7523 7536 resistance | 7430 support

#1 · 22nd January 2024, 10:39 am

Technical analysis for FTSE 100 for 22nd January 2024

British equities ended Friday mixed, as gains in non-life insurers stocks were offset by a sell-off in automobile and parts shares, while weaker-than-expected retail sales data further tempered expectations over the timeline for rate cuts.

The FTSE 100 was flat, but marked its third weekly decline and the biggest in three months. The domestically focused FTSE 250 index reversed early gains to end the day 0.4% lower, also logging a weekly loss.