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Jackson Hole Symposium | Can bulls defend 10800 | 10770 below | 10875 resistance

Nick@ht-admin
#1 · 28th August 2026, 8:46 am

Technical analysis for 28th August 2026

A brief hiatus below the 10800 level yesterday saw a test of the 10775 level but the bulls have fought back above 10800 now and we may well see a rise and dip to close out the week. I am looking for a test of the 10880 area ideally today before the bears appear. Initially the 10827 level is back in play as it's been pivotal all week - initial resistance is there so the bulls will be keen to break that once again. They will be a bit gutted they lost 10900 so easily - though the low volume August trading period is nearly over and some more conclusive moves are on the horizon....

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Last edited on 28th August 2026, 9:03 am by Nick