FTSE 100 MT: bullish bias above 7405.00.
Pivot: 7405.00
Our preference: long positions above 7405.00 with targets at 7840.00 & 7980.00 in extension.
Alternative scenario: below 7405.00 look for further downside with 7260.00 & 7105.00 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
8060.00 **
7980.00 ***
7840.00 ***
7669.23 Last
7405.00 ***
7260.00 ***
7105.00 **
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