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Dip and rise with 7680 7742 resistance | 7636 7608 7576 support | Fear and Vix rising

 

Technical analysis for FTSE 100 for 25th September 2023

I am thinking that we will see a dip rise dip today and some more weakness to creep in as we near the end of the month. I would still like to see the FTSE100 drop down to test the 25ema on the daily at 7560 now to set up a decent bounce at the start of October.

Initially today we have support at the 7640 level once again, that we climbed off on Friday, though below this then 7605 is the next key level of note.

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