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It's Election day! | 8220 8240 8288 resistance | 8175 8153 support

Nick@ht-admin
#1 · 4th July 2024, 11:23 am

Technical analysis for FTSE 100 for 4th July 2024

Voting day and still looking like a Labour shoe in, and it's going to be interesting to see how the market reacts, mainly tomorrow as the results come through.

As such we may well see us stay in the range 8150 to 8220 today, with an initial drop down to the support level at S1 8153. That also ties in with he Hull MA on the 2h chart, which has gone bullish after yesterdays climb.

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Last edited on 4th July 2024, 11:27 am by Nick