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FTSE100 cracks 8400 exits recession | 8450 8472 resistance | 8396 8370 support

Nick@ht-admin
#1 · 10th May 2024, 9:30 am

Technical analysis for FTSE 100 for 10th May 2024

The FTSE100 continues its march upwards and has now managed the 8400 level out of hours. The bulls will still be keen to keep the momentum going ahead of the weekend and we may well see a push up towards the 8450 area today, to get a nice 100 pointer from the 8350 support level yesterday. Still running the long from there for the moment but keep trailing the stop.

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Last edited on 10th May 2024, 9:32 am by Nick