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Looking bearish with 7671 7716 resistance | 7620 7602 7590 support

Nick@ht-admin
#1 · 11th March 2024, 11:26 am

Technical analysis for FTSE 100 for 11th March 2024

The bears have the upper hand still and the various 2h charts are bearish after Friday's decline. The ASX200 had a bearish Monday as did the various Asian markets, which doesn't bode well for a bull Monday for us today. In fact, shorting the rallies today across the board is probably the preferred play. The bulls have failed to hold onto 7700 and having finally had that test of 7715 we have fallen steadily since.

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Last edited on 11th March 2024, 11:30 am by Nick