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Optimistic start to the week | 7992 8055 resistance | 7927 7870 support

Technical analysis for FTSE 100 for 22nd April 2024

Well we are starting the week pretty positively so far, with the bulls managing to break above the 7950 level, and a push towards the 7990 resistance level under way already this morning. We have R1 here at 7991 and also the round 8000 so we may well see a bit of profit taking and the bears have a go here for a drop back to the key support at the 7900 area.

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