Tuesday 18 September 2018

FTSE100: Fighting cloud chart resistance on 1H chart!

FTSE100: Fighting cloud chart resistance on the 1H chart! Key levels of support on hourly chart are 7272/7259! Potential rebound zone if support comes in at cloud chart support levels!

On the daily chart, FTSE100 is fighting hard to regain support above the 7300 zone!
If support comes in we can see relief rally back up to the 7385/7443 resistance zone!

Since price action is below the cloud the overall trend is down! That's the risk!

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