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Poised for another test of 9000 | 9028 9045 9075 resistance | 8960 8931 support

#1 · 17th July 2025, 10:18 am

Technical analysis for FTSE 100 for 17th July 2025

After the plunge and rise on the S&P500 yesterday afternoon (nice that it tagged the 6207 long though!) it's looking more bullish going into today and we should be on track for the FTSE100 to break above 9000 again. 9045 is the recent high so resistance is there, and then the 9075 level higher up. This level is worth a short if seen as it should see some decent profit taking.

To start with though we are likely just going to nudge the R1 level 9001 and the bulls will need to be quick out the gate to break above that. If they don't then I can see a drop down to the daily pivot level at 8960 where we also have the 30m green coral and the 30m 200ema. As such it would be good to see this level hold and to act as the springboard for a push back towards the 9000, and then 9045.

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