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Triple witching today | rise and dip | 8269 8219 support | 8320 8373 resistance

Nick@ht-admin
#1 · 20th September 2024, 9:59 am

Technical analysis for FTSE 100 for 20th September 2024

As expected the BoE kept rates unchanged with scope to reduce next month instead. Retail sales have just come in positive, beating expectations, which could help the FTSE100 rise and dip today, with some profit taking ahead of the weekend. The US had a decent bullish performance yesterday, with the S&P500 hitting the 5730 area and some new record highs in the process.

For today we have key support at the 8270 level to start with and I would like to see this hold if tested for a rise towards the 8330 area.

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Last edited on 20th September 2024, 10:00 am by Nick