Ftse JUNE contract
FTSE bounced back to minor resistance at 7362/67 in to the close. Holding here targets 7340/30 then strong support at 7305/7295. Longs need stops below 7280. A break lower targets 7265/60.
Minor resistance at 7362/67 but above 7370 targets 7390/95. Above 7400 retests 7420. A break higher targets 7430/35 before the 2019 high at 7470/74.
The contents of our reports are intended to be understood by professional users who are fully aware of the inherent risks in Forex, Futures, Options, Stocks and Bonds trading. INFORMATION PROVIDED WITHIN THIS MATERIAL SHOULD NOT BE CONSTRUED AS ADVICE AND IS PROVIDED FOR INFORMATION AND EDUCATION PURPOSES ONLY.