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Election day | 8234 8254 resistance | 8140 8102 support | Buy the rumour sell the news

Nick@ht-admin
#1 · 5th November 2024, 11:31 am

Technical analysis for FTSE 100 for 5th November 2024

Here we go then, the US heads to the voting booths and the race is still neck and neck. The results won't be known for a while but we may well start to see the volatility on the markets kick in today. The FTSE100 overshot the 8210 resistance level yesterday but failed to reach the 8250, stalling at the 8240 instead. That saw the bears take their turn and overnight the 8160 level has held after they drove it down well.

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Last edited on 5th November 2024, 11:32 am by Nick