Monday 10 August 2020

FTSE-100 : Fighting resistance at the bottom end of the cloud 6087!

 FTSE-100 : Fighting resistance at the bottom end of the cloud 6087! 


FTSE-100 rebounded from old cloud chart support zone at 5876. Its now trying to break past the 6087 resistance zone! If it manages this, then the next target is the top end of the cloud at 6210! If price action remains below the cloud that will keep the outlook as bearish! Critical week ahead!



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