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Hovering at 8300 with bearish overtones | 8280 8250 support | 8316 8342 resistance

Nick@ht-admin
#1 · 19th August 2024, 10:23 am

Technical analysis for FTSE 100 for 19th August 2024

The FTSE100 has just dipped below the 8300 level to start the week and is testing the 30m 200ema to start with at 8285. We also have a bearish 2h chart in play to start the week given the drop on Friday from the 8360 area. As such we may well see a dip and rise play out today with some bull Monday kicking in later on.

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Last edited on 19th August 2024, 10:24 am by Nick