FTSE 100 IndexShort
FTSE 100 (ICE Europe) may fall to 8248.00 - 8284.00
Pivot
8365.00
Our preference
Short positions below 8365.00 with targets at 8284.00 & 8248.00 in extension.
Alternative scenario
Above 8365.00 look for further upside with 8401.00 & 8433.00 as targets.
Comment
As long as 8365.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
8433.00
8401.00
8365.00
8325.50 Last
8284.00
8248.00
8170.00
Number of asterisks represents the strength of support and resistance levels.
8365.00
Our preference
Short positions below 8365.00 with targets at 8284.00 & 8248.00 in extension.
Alternative scenario
Above 8365.00 look for further upside with 8401.00 & 8433.00 as targets.
Comment
As long as 8365.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances
8433.00
8401.00
8365.00
8325.50 Last
8284.00
8248.00
8170.00
Number of asterisks represents the strength of support and resistance levels.
Disclaimer
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