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FTSE 100 Daily Forecast For Dec. 17, 2018

Published 12/17/2018, 08:10 AM
Updated 07/09/2023, 06:31 AM

Ftse

FTSE 100 outlook negative in the bear trend so holding below 6820/18 retests support at 6790/80. Below 6770 meets minor support at 6725/20 before the 6670/60 low. Be ready to sell a break below 6640 targeting 6610/00, 6575/65 & 6510/00.

First resistance at 6850/60 but above 6880 tests key resistance at 6920/30. Shorts need stops above 6945. A break higher targets 7000/7010.

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