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Early end of week | rise and dip | 7982 8017 resistance | 7926 7910 support

#1 · 28th March 2024, 10:32 am

Technical analysis for FTSE 100 for 28th March 2024

A late afternoon push from the bulls yesterday ahead of the Easter weekend (markets closed Friday and Monday don't forget!) which saw the FTSE100 pull away from the 7900 level and bring 8000 into play for today. Will we see a strong end to March? The bulls will certainly be trying and we may well even get a test of that 8020 resistance area today, as we also have R3 there currently.

Initially today the bulls will want to be quick out the blocks but we have the 7980 level as resistance first up. R2 and the key fib are both here so we could see the bears have a go here.