FTSE key TECHNICAL LEVELS

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Cash prices

6th resistance 5820 Previous high
5th resistance 5665 Previous resistance line
4th resistance 5603 61.8% Fib retracement
3rd resistance 5576 April 11 low
2nd resistance 5570 200-day moving average
1st resistance 5555 Yesterday’s high
1st support 5461 Yesterday’s low
2nd support 5455 Support line
3rd support 5442 55-90min moving average
4th support 5285 Previous support line
5th support 5230 Previous low
6th support 5080 Previous resistance line
7th support 5075 November 25 low

 

FTSE 100_120619

If you are short:

1st resistance at 5555 (yesterday’s high). Weak stop loss above that level.

2nd resistance at 5576 (April 11 low). Fair stop loss above that level.

3rd resistance at 5603 (61.8% Fib retracement). Strong stop loss above that level.

If you are long:

1st support at 5455 (support line). Weak stop loss below that level.

2nd support at 5442 (55-90min moving average). Fair stop loss below that level.

3rd support at 5285 (previous support line). Strong stop loss below that level.

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