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NFP Friday with dip and rise yet again | 8505 8482 8465 support | 8564 8595 resistance

Nick@ht-admin
#1 · 2nd May 2025, 9:51 am

Technical analysis for FTSE 100 for 2nd May 2025

A strong showing from the bulls overnight has seen the FTSE100 futures test the 8560 level and keeps a test of that 8700 in sight. Initial resistance is at 8555-8561 though as we have R1 and the daily resistance level here, so we may well see an opening drop down to support before some more upside later. It's NFP Friday as well so expect it to be slightly odd! That news is out at 1330 so expect some volatility then.

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Last edited on 2nd May 2025, 9:51 am by Nick