HomeContributorsTechnical AnalysisFTSE100 Maintains a Base above 6,850

FTSE100 Maintains a Base above 6,850

ThinkMarkets
By ThinkMarkets

Yesterday, we saw the rally continue further to remove the major 6,850 barrier (the neckline for the double-bottom reversal pattern) to see a resumption of the bull trend and to turn the spotlight directly on next resistance at 6,950. Support is initially seen at 6,850 ahead of 6,715.

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ThinkMarketshttps://www.thinkmarkets.com/
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