Technical analysis for 14th September 2026
Friday gave markets some relief, but the weekend has changed the picture again. Brent has surged back above $107, Treasury yields are sitting just under the crucial 5% level, and markets now price roughly an 86% chance of a 25bp Fed hike on Wednesday.
Friday's CPI wasn't disastrous, but it was firm: headline CPI rose 0.4% month-on-month and 3.4% year-on-year, while core inflation rose 0.3%, slightly hotter than expected. That strengthened the case for Fed tightening.
My broad approach currently is therefore still defensive, but shorting the rallies feels like the right play with a test of 10725 looking possible, possibly 10777, if we get a bull Monday play out, at least initially. If the bears were to break below the daily pivot support at the 10655 level today then I am looking for a slide down to the daily support level at 10592 and with S1 at 10595, along with the 10600 round number I would like to see this area hold if tested. That could set ups. decent bounce as well.
The AI slow down talk has created a gap down so we may well see some buying them back up - manipulation at its finest! As such I am thinking that we may well see a rise and dip play out today across the board, despite the pessimistic backdrop. A rally up towards the various 25ema resistance levels would certainly fit the daily charts well. They are 10750 FTSE100, 7660 S&P500 and 25875 DAX40 so keep an eye out for those in the next few sessions.
For more more analysis including other markets please join...
Interested in how to start trading the FTSE 100? Frequently Asked Questions on Spread betting
Recommended Broker for trading - MT4/5, web and mobile
IC - offers market leading pricing and trading conditions by providing clients with True ECN Connectivity; this allows you to trade on institutional grade liquidity from the world’s leading investment banks, hedge funds and dark pool liquidity execution venues. Highly recommended!
Join my Membership for Trading Tips, Support and Resistance Levels with Live Trading
If you would like more detailed analysis for FTSE 100, DAX40, Gold and the S&P500, including the trades that I am looking to take myself, then please join my active members community.
Keep up to date with new website posts, free sign up below
