Technical analysis for 8th December 2025
FTSE100 Bias
- Overall: Weak short-term, medium-term neutral.
Why
- Price is below the daily Pivot (~9,694).
- Trading below all intraday EMAs (10/25/200).
- Structure shows lower highs / lower lows.
- RSI near 48 → no bullish momentum.
- Sitting just above S1 (9,657) with downside pressure.
Bias Rules Today
- Bearish below: 9,694
- Breakdown trigger: Below 9,657 → opens 9,632
- Only bullish if: 30-min close above 9,704
Trading Style Favoured
- Sell rallies
- Sell breakdowns
- Longs only at deep support (9,632 area)
S&P500 Bias
- Overall: Global risk engine remains intact.
Why
- Price above all major EMAs (10–200).
- Volatility low → classic bull grind.
- US megacap tech still leading.
- No break in higher-low structure.
Bias Rules Today
- Bullish while above: Daily EMA20
- Continuation: Toward next psychological round numbers
- First real warning: Daily close under EMA50
Trading Style Favoured
- Trend longs
- Buy dips
- Shorts only on confirmed daily reversal
DAX40 Bias
- Overall: Still in a strong uptrend, but stretched near highs.
Why
- Price remains above all key daily EMAs.
- Trend structure still higher highs / higher lows.
- Strong correlation with US tech strength.
- No confirmed reversal structure yet.
Bias Rules Today
- Bullish while above: ~23800
- Continuation if: New highs break cleanly
- Trend break: Below daily EMA50
Trading Style Favoured
- Buy dips
- Breakout continuation
- Aggressive shorts are low probability
It's all eyes on the Fed this week and interest rate decisions..... Despite the weaker Friday session the FTSE100 hasn't dropped too far below the 9700 level so far, but we do look like we may well see a test of the lower support at the 9623 key fib level. With 9700 being such a magnet last week, it has now become the Hull MA resistance on the 2h chart, so we may well see any rallies first thing morning stall there, though we do have the daily pivot at 9685, along with the 30m 200ema and red 30m coral also in this area as closer resistance. As such a short off any early rally may well play out well, for a dip down to test the 9623 area.
If the bulls can break above the 9700 level today then ultimately I am looking for a test of the 9747 area where we have the key fib and daily resistance.
Initially we also have support at the 9660 level with the 25ema here on the daily chart, with that having recently gone bullish at the back end of November, so the bulls will be looking to defend that - as mentioned though any break of that will likely see a test of the 9625 area.
Good luck today.
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