Monday 27 April 2020

FTSE100: Grinding towards two key resistance zones:5880/5877

FTSE100: Grinding towards two key resistance zones:5880/5877

Need to see a breakout past these two cloud chart resistance levels:

  • 5880 base line resistance, and 
  • 5877 a key cloud chart resistance at the bottom end of the cloud!

Reversal risk remain high here if resistance holds!



If the FTSE manages to breakout past this zone then the next target will be 6296 the top end cloud chart resistance! Critical week ahead!

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