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New month money with a rise and dip | 8760 8740 8691 support | 8822 8856 resistance

Nick@ht-admin
#1 · 2nd June 2025, 11:06 am

Technical analysis for FTSE 100 for 2nd June 2025

Another drop off 8800 on Friday, helped by Trumps 50% tariff post, but with new month money likely to flow in first thing today we may well see an initial kick up. The 2h chart is bullish to start with and has support at the 8760 level so if the bulls can defend this first thing then a rise to test 8800 and possibly higher may well play out initially.

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Last edited on 2nd June 2025, 11:07 am by Nick