FTSE reversed from 7625 leaving a neutral Doji in severely overbought conditions.
FTSE first support at 7570/60 but below 7545 risks a slide to strong support at 7510/00. Longs need stops below 7485.
Holding first support at 7570/60 targets 7595/99 then 7620/25. A break above 7635 retests important resistance at the 2019 high of 7663/66. A break above here (& a yearly close above here tomorrow) is an important buy signal of course!
Trends
Weekly outlook is positive
Daily outlook is positive
Short Term outlook is positive