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Dip and Rise with 9008 9036 9053 resistance | 8975 8943 support

#1 · 21st July 2025, 10:00 am

Technical analysis for FTSE 100 for 21st July 2025

To start the week the bulls are slightly on the back foot as we have a bearish 2h chart initially, and daily pivot resistance at 8989 which we are on as I write this. If the bulls manage to break this initially, and I am thinking that we may well see a rise dip rise play out today for a bit of Bull Monday once the US comes online, then the 9008 R1 level is the key resistance to start with. This would also be a slightly lower high after Friday, so if the bears do have a go here then a drop down to the 8950 level looks possible before a bounce.

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