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Major Support & Resistance (pivot points – explained):
Pivot: 6441. Support: 6366, 6295, 6228. Resistance: 6503, 6570, 6641
The UK 100 continues to climb this morning after a slight pull-back on Friday despite market beating Non-Farm data from the US. A break above Fridays 6,500 high could see the UK Index trying 6,570/6,600 (more of a physiological level) and then 6,641. We could see support at 6,366, 6,295 and 6,228. With macro data being fairly thin on the ground today one of the key drivers could be the start of the US reporting season which kicks off tonight.
Solid Green line
Possible support
Solid Red line
Possible resistance
Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.
Click here for help with Support & Resistance Click here for help with technicals
Solid Green line
Possible support
Solid Red line
Possible resistance
Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.
Click here for help with Support & Resistance Click here for help with technicals
Solid Green line
Possible support
Solid Red line
Possible resistance
Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.
Click here for help with Support & Resistance Click here for help with technicals
Solid Green line
Possible support
Solid Red line
Possible resistance
Important: The information provided above does not constitute advice or opinion and must only be regarded as technical observations.
Click here for help with Support & Resistance Click here for help with technicals
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