FTSE 100 ST: choppy.
Pivot: 7770.00
Our preference: short positions below 7770.00 with targets at 7310.00 & 7200.00 in extension.
Alternative scenario: above 7770.00 look for further upside with 7940.00 & 8045.00 as targets.
Comment: as long as 7770.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
8045.00
7940.00
7770.00
7393.00 Last
7310.00
7200.00
7110.00
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