FTSE 100 Intraday: target 7700.00.
Pivot: 7400.00
Our preference: long positions above 7400.00 with targets at 7620.00 & 7700.00 in extension.
Alternative scenario: below 7400.00 look for further downside with 7316.00 & 7215.00 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
7720.00 **
7700.00 **
7620.00 ***
7532.38 Last
7400.00 ***
7316.00 **
7215.00 ***
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