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FTSE: With Bulls In Control We Could Reach 7556/58

Published 05/25/2017, 03:13 AM
Updated 07/09/2023, 06:31 AM

FTSE Daily Chart

FTSE through 7502/06 for 7516 as I write then 7523/36 and perhaps as far as 7538/40 but gains are likely to be limited in such severely overbought conditions. With bulls in control we could eventually reach 7556/58.

Short term trend line support at 7505/01 then minor support at 7489/86 but below here a buying opportunity at 7469/65, with stops below 7455.

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