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Slide continues with 7395 7420 7440 resistance | 7331 7296 support | US GDP 4.3%

Technical analysis for FTSE 100 for 26th October 2023

War fears still weighing on markets and overnight IDF tanks have rolled across the border. The S&P500 continued to slide on worries over escalation, while the FTSE100 is still hovering around the 7400 area mainly. Initially today we may well see a kick up towards the 7400 level from the 7360 overnight area, to test the daily pivot and the red 30m coral.

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