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

Jason Sen DayTradeIdeas.co.uk

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

Author

Jason Sen

DayTradeIdeas.co.uk

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