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Pullback likely with 7944 7978 8009 resistance | 7900 7840 support

Technical analysis for FTSE 100 for 25th March 2024

The strong climb on Friday that saw a test of the 7963 level has retraced ahead of today's session and it looks like we may well see some more downside today for a dip and rise to play out today. The 2h chart remains bullish with the Hull MA support at 7900 to start with today and as that lines up nicely with the round number, we may see any early slide bounce a bit here.

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