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FTSE 100 Intraday: rebound expected.
2023-12-04
324
Pivot: 7395.00
Our preference: long positions above 7395.00 with targets at 7505.00 & 7551.00 in extension.
Alternative scenario: below 7395.00 look for further downside with 7358.00 & 7320.00 as targets.
Comment: the RSI has just landed on a support around 30% and is reversing up.
Supports and resistances:
7600.00 **
7551.00 **
7505.00 ***
7461.91 Last
7395.00 ***
7358.00 **
7320.00 ***
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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