FTSE held just above support at 7420/10 with short at strong resistance at 7460/70 stopped above 7480 but we did not make it as far as the next target of 7500/10.
FTSE strong support at 7465/60. Longs need stops below 7450 with further losses targeting strong support at 7430/20. A break below 7410 risks a slide to strong support at 7375/65.
First resistance at 7485/95 with a break above 7500 to target 7525/35. On further gains look for 7575/85.
Trends
Weekly outlook is neutral
Daily outlook is neutral
Short Term outlook is positive