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FTSE 100 ST: bullish bias above 7400.00.
2024-02-26
691
Pivot: 7400.00
Our preference: long positions above 7400.00 with targets at 7780.00 & 7925.00 in extension.
Alternative scenario: below 7400.00 look for further downside with 7288.00 & 7210.00 as targets.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
7965.00
7925.00
7780.00
7708.74 Last
7400.00
7288.00
7210.00
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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