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Still buy the dips with 8200 8160 support | 8220 8245 8277 resistance

Nick@ht-admin
#1 · 7th January 2025, 11:30 am

Technical analysis for FTSE 100 for 7th January 2025

Nice start to the month/year yesterday with good level to level action and reactions at the key levels. We may well be on course for a bear Tuesday today and the bulls may struggle to break above the 8220 area today where we have the daily pivot for today, along with the red 30m coral at 8210.

Construction PMI is out at 0930 expected to show a contraction from last month, and then JOLTS US jobs news at 1500.

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Last edited on 7th January 2025, 11:31 am by Nick