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UK Budget Day | 7645 7631 support | 7670 7690 7715 resistance

Nick@ht-admin
#1 · 6th March 2024, 10:50 am

Technical analysis for FTSE 100 for 6th March 2024

Another interesting day on the FTSE100 yesterday with a very slow reaction at the 7650 resistance, down to 7630 but the bulls have fought back and we now have support at 7645 on the 2h chart!

Based on the moving averages its all quite bullish for the FTSE100 today, and if we get an initial leg down, 7645 and possibly the 7631 daily pivot we may well see this hold for a push back up towards the 7700 level.

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Last edited on 6th March 2024, 10:51 am by Nick