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Early drop to 8295 | 8278 8250 below | 8339 8367 resistance

Nick@ht-admin
#1 · 28th May 2024, 9:13 am

Technical analysis for FTSE 100 for 28th May 2024

The bulls have fought back from Friday's low at the 8250 level and will be keen to keep the price above the 8300 level today, for a push up towards the key resistance level at 8365. With the 2h chart now bullish and showing decent support at the 8295 level a bounce here this morning would be a good start to the week. The big news events don't come through until Friday really so we may well see it all being fairly muted till then.

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Last edited on 28th May 2024, 9:14 am by Nick