FTSE 100 Intraday: under pressure.
Pivot: 7700.00
Our preference: short positions below 7700.00 with targets at 7571.00 & 7530.00 in extension.
Alternative scenario: above 7700.00 look for further upside with 7734.00 & 7762.00 as targets.
Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
7762.00 **
7734.00 **
7700.00 ***
7644.63 Last
7571.00 ***
7530.00 **
7500.00 ***
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