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Major Support & Resistance (pivot points – explained):
Pivot Point: 6655; Support 1, 2 & 3: 6630, 6612, 6586, ; Resistance 1, 2 & 3: 6673, 6698, 6717
The UK 100 traded in a 30 odd point range yesterday in lighter volume as the US markets celebrated Thanks Giving.
With little in the way of macro data, today seems to be following the same pattern as yesterday with US markets open for half day, however volumes are expected to be light.
Resistance at 6673 has been tested this morning to no avail, however a break of this level could see another test of 6700.
On the downside we could see support at 6630 and again at 6611. But with seemingly light volumes today we may see the UK 100 today trade in a fairly tight range.
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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