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FTSE 100 ST: bullish bias above 7870.00.

2024-04-22
136

Pivot: 7870.00

Our preference: long positions above 7870.00 with targets at 8047.00 & 8160.00 in extension.

Alternative scenario: below 7870.00 look for further downside with 7790.00 & 7730.00 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:

8200.00

8160.00

8047.00

7965.43 Last

7870.00

7790.00

7730.00

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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