Long
FTSE 100 on the 1D time-frame
FTSE 100 may rise to 7618.00 - 7690.00
Pivot 7318.00
Our preference
Long positions above 7318.00 with targets at 7618.00 & 7690.00 in extension.
Alternative scenario
Below 7318.00 look for further downside with 7190.00 & 7065.00 as targets.
Comment
The RSI is mixed and calls for caution.
Supports and resistances
7814.00 **
7690.00 **
7618.00 **
7543.30 Last
7318.00 ***
7190.00 **
7065.00 **
Number of asterisks represents the strength of support and resistance levels.
Pivot 7318.00
Our preference
Long positions above 7318.00 with targets at 7618.00 & 7690.00 in extension.
Alternative scenario
Below 7318.00 look for further downside with 7190.00 & 7065.00 as targets.
Comment
The RSI is mixed and calls for caution.
Supports and resistances
7814.00 **
7690.00 **
7618.00 **
7543.30 Last
7318.00 ***
7190.00 **
7065.00 **
Number of asterisks represents the strength of support and resistance levels.
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