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Happy New Year | 8194 8140 support | 8230 8260 resistance | Dip and Rise

Nick@ht-admin
#1 · 6th January 2025, 11:18 am

Technical analysis for FTSE 100 for 6th January 2025

A nice climb to start the new year with the bulls managing to hold the 8150 on Thursday and get 8260 as the high, which also held as resistance on Friday. For today the initial resistance that the bulls need to break is around 8230 as we have the Hull MA here, along with the daily pivot and a red 30m coral. A dip and rise would fit well today as we see some caution to start the week.

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Last edited on 6th January 2025, 11:21 am by Nick