Discussion Forum for trading analysis, help, signals and trading

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

Forum Navigation
Please or Register to create posts and topics.

S&P500 5000 (almost) | FTSE100 lagging | 7658 7710 7743 resistance | 7603 7574 support

Nick@ht-admin
#1 · 8th February 2024, 9:57 am

Technical analysis for FTSE 100 for 8th February 2024

The FTSE100 was a bit of laggard yesterday as it didn't follow the S&P500 up as that nearly managed the 5000 round number for the first time. It had a pretty bearish day in the end, falling from the 7700 area once again. That has set the 2h chart back to bearishness, with initial resistance from that at the 7656 level so that will be the level that the bulls will need to break today.

Click for thumbs down.0Click for thumbs up.0
Last edited on 8th February 2024, 10:03 am by Nick