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Rise and dip potentially | 8556 8580 resistance | 8490 8455 support

#1 · 21st January 2025, 11:00 am

Technical analysis for FTSE 100 for 21st January 2025

And off we go, the Trump presidency is back and already so is the volatility! The FTSE100 was frustrating yesterday just missing both the long and short orders, but it looks like we may well see a bear Tuesday today as the 2h chart has gone bearish overnight and has 8550/8555 as resistance to start with. That's is also around yesterday's high level so would be a decent double top as well and therefore likely to see a reaction. Also note that R1 is 8556....

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