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Panic over... for the moment | 10180 10117 support | 10255 10316 resistance

Technical analysis for 22nd January 2026

All set for a potential TACO Thursday today as things settle down and traders can take stock as the Greenland "deal" brings things back from the fraught state that we were in at the start of the week. We got a good bounce from 10100 yesterday and the 10255 level remains as the key resistance level that the bulls will need to break for a push towards the 10306 daily resistance level. We also have R3 at 10316 today and there is an outside chance that we push towards these, though it will probably need the USA's help later on today.

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