Analysis

FTSE 100 December Futures breaks higher to the next target of 6445/50

FTSE

FTSE 100 December Futures breaks higher to the next target of 6445/50 & as far as 6472.

Daily Analysis

FTSE makes is as far as 6445/50. If we break above 6475 expect to hit very strong resistance at 6510/20. Shorts need stops above 6535. A break higher targets 500 week moving average resistance at 6580/95.

Holding below 6440 risks a slide to good support at 6385/80. Longs need stops below 6365. Good support at 6330/20.

Chart

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.