FTSE 100 (ICE Europe) may rise to 7765.00 - 7787.00 - 7800.00Pivot
7730.00
Our preference
Long positions above 7730.00 with targets at 7765.00 7787.00 7800.00 in extension.
Alternative scenario
Below 7730.00 look for further downside with 7714.00 & 7685.00 as targets.
Comment
A support base at 7730.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances
7800.00
7787.00
7765.00
7749.50 Last
7730.00
7714.00
7685.00
Number of asterisks represents the strength of support and resistance levels.