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FTSE 100 ST: choppy.
2023-09-12
536
Pivot: 7200.00
Our preference: long positions above 7200.00 with targets at 7650.00 & 7805.00 in extension.
Alternative scenario: below 7200.00 look for further downside with 7055.00 & 6820.00 as targets.
Comment: a support base at 7200.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
7940.00
7805.00
7650.00
7525.27 Last
7200.00
7055.00
6820.00
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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