Monday 13 June 2022

FTSE100: Fighting for support at the bottom end of a key cloud chart support zone! Make or break time here!

FTSE100: Fighting for support at the bottom end of a key cloud chart support zone! Make or break time here! Price action below the cloud is bearish and FTSE100 needs to rebound here or the outlook on the daily will remain bearish! Testing support at 7192 with downside risk to next support zone of 7144!
On the weekly cloud there is downside risk towards the top end of the weekly cloud at 7158/7144!

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