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Last day of month pump and dump with 7381 resistance | 7317 7281 7260 support

Nick@ht-admin
#1 · 31st October 2023, 9:47 am

 

Technical analysis for FTSE 100 for 31st October 2023

The FTSE 100 closed 0.5pc higher at 7,327.39, while the FTSE 250 ended up 0.9pc.

Well we got the bullish overtones across the board yesterday for a bull Monday, with the S&P500 leading the charge. Having hit 4180 its since dropped back and sets up a bear Tuesday pretty well and a buy the dip opportunity for today. It's the end of the month as well so likely to see a drop down as profits get banked.

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Last edited on 31st October 2023, 9:52 am by Nick