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New month money but 7690 resistance to start | 7720 7745 above | 7648 support

#1 · 1st March 2024, 10:32 am

Technical analysis for FTSE 100 for 1st March 2024

Good end to February for the trades and now we start March with it all looking pretty positive. The trends table is completely bullish which is pretty rare so I expect the new month money kick up will play out a bit more today. Buying the dip yesterday afternoon on the Dax40 for the new month pump worked well too.

So onto today and being Friday, one to be a bit more risk off for. We have Euro inflation news out at 10am, and US ISM manufacturing at 15:00, both likely to cause a bit of movement.