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Trading tips - Dip and rise yesterday with consolidation today | 7467 7440 support | 7521 7540 resistance
FTSE 100 trading tips, analysis & prediction for 27th June 2023
The FTSE 100 closed higher as Chinese-linked stocks rose after Beijing predicted higher domestic growth in the second quarter of the year. The blue-chip FTSE 100 finished 0.11pc higher at 7,461.46, while the FTSE 250 midcap index added 0.45pc to 18,054.84. Read on for todays trading tips.
A strong showing from the S&P500 yesterday also helped the FTSE100 climb well off the 7405 daily support level, after a brief move down below the 7430 support as well. Today may well see some consolidation, particularly for the S&P500, and also probably the FTSE 100 which now looks like it's on its way to test the upper daily resistance levels at 7520 and 7545.
Initially today we have support at the 7467 level.... READ MORE