Key technical levels for the FTSE 100

0 mins. to read

Cash prices

7th resistance 5700 61.8% Fib retracement
6th resistance 5630 Previous resistance line
5th resistance 5624 Previous high
4th resistance 5580 200-day moving average
3rd resistance 5530 Previous support line
2nd resistance 5511 55-90min moving average
1st resistance 5477 Yesterday’s high
1st support 5436 Yesterday’s low
2nd support 5435 Previous low
3rd support 5427 50% retracement
4th support 5415 Maximum Elliott wave
5th support 5380 61.8% Fib retracement
6th support 5230 Previous low
7th support 5075 November 25 low


FTSE 100_120627

If you are short:

1st resistance at 5477 (yesterday’s high). Weak stop loss above that level.

2nd resistance at 5511 (55-90min moving average). Fair stop loss above that level.

3rd resistance at 5530 (previous support line). Strong stop loss above that level.

If you are long:

1st support at 5427 (50% retracement). Weak stop loss below that level.

2nd support at 5415 (maximum Elliott wave). Fair stop loss below that level.

3rd support at 5380 (61.8% Fib retracement). Strong stop loss below that level.

Courtesy of, click here for link

Take part in our poll

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?

Comments (0)

Comments are closed.


Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.