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Trump 2024 | 8255 8303 8333 resistance | 8240 8200 8181 support

#1 · 6th November 2024, 11:02 am

Technical analysis for FTSE 100 for 6th November 2024

In a boost for markets, certainly in the USA, Trump looks to be on course for a second term in the White House. Gold has continued to drop off the 2750 level as well, while cable has also dropped (which in turn helps the FTSE100).

Initially the bulls need to break the 8255 level as that will open up the likelihood for a rise towards the 8282 R3 level and also opens up 8333 which is the daily resistance and just above 20d Raff channel top at 8320. 8287 is also the daily coral line, so we could see an early falter here if we pop though 8255.

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