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Rise and Dip ahead of the election | US half day | 8179 8204 8237 resistance | 8140 support

Nick@ht-admin
#1 · 3rd July 2024, 11:34 am

Technical analysis for FTSE 100 for 3rd July 2024

Coin flip anyone.... pre UK election day and US markets close early.... I am looking at an initial rise towards the 8170 level where we have the 30m 200ema and the R1 level to start with, and we may well see a small pull back from this level to drop down to the pivot. It may be fairly subdued trading today for the FTSE100 as well, ahead of the Labour victory (!!) in the UK elections.

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Last edited on 3rd July 2024, 11:37 am by Nick