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Dip and rise today with 8305 8335 8375 resistance | 8250 8220 support

Nick@ht-admin
#1 · 16th December 2024, 12:39 pm

Technical analysis for FTSE 100 for 16th December 2024

Traditionally this week is the one that sees the "official" Santa Rally kick in as we have the end of year push. The S&P500 has on average risen 1.6% during the last bit of December. Will we see the run continue and a bit more upside to end the year? This week it's about the interest rates with the Fed expected to reduce slightly, though the BoE likely to remain as is.

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Last edited on 16th December 2024, 12:40 pm by Nick