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FTSE 100 ST: limited upside.

2023-12-11
310

Pivot: 7250.00

Our preference: long positions above 7250.00 with targets at 7540.00 & 7680.00 in extension.

Alternative scenario: below 7250.00 look for further downside with 7110.00 & 7000.00 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

8045.00

7680.00

7540.00

7517.99 Last

7250.00

7110.00

7000.00

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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