Discussion Forum for trading analysis, help, signals and learning how to trade. Chat with other traders , post analysis, trades and ask questions. This is the public part of my website. For more in-depth discussions please consider joining to chat with other members

ForumTrading Forum with market discussion and live trades: Market DiscussionRise and dip today ahead of the w …

Please or Register to create posts and topics.

Rise and dip today ahead of the weekend | 8260 8290 resistance | 8220 8200 support

#1 · 13th September 2024, 10:30 am

Technical analysis for FTSE 100 for 13th September 2024

Decent bounce off the 8230 level once the 8260 support was broken, and the bulls have managed to keep it above the 8200 so far this week. That said, 8220 is showing as initial support for today with the S1 and key fib here, along with the green 2h coral support line. If the bears were to break this (and if you're superstitious, being Friday 13th, it may be more negative) then a slide down to 8202 for the next main daily support level would likely happen.

READ MORE