UK Index 100 FTSE 100 is neutral
Pivot
7805.00
Our preference
Short positions below 7805.00 with targets at 7540.00 & 7445.00 in extension.
Alternative scenario
Above 7805.00 look for further upside with 7930.00 & 8047.00 as targets.
Comment
The RSI has struck against a major resistance around 70% and is reversing down.
Supports and resistances
8047.00
7930.00
7805.00
7662.67 Last
7540.00
7445.00
7280.00
Number of asterisks represents the strength of support and resistance levels.
7805.00
Our preference
Short positions below 7805.00 with targets at 7540.00 & 7445.00 in extension.
Alternative scenario
Above 7805.00 look for further upside with 7930.00 & 8047.00 as targets.
Comment
The RSI has struck against a major resistance around 70% and is reversing down.
Supports and resistances
8047.00
7930.00
7805.00
7662.67 Last
7540.00
7445.00
7280.00
Number of asterisks represents the strength of support and resistance levels.
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