FTSE holding first resistance at 7375/80 again today re-targets 7345/40 before first support at 7315/10. Below 7295 then targets 7275 & 7250 before a retest of the 7236/32 low. A break lower targets 7170/60 then good support at 7140/35.
First resistance at 7375/80 is quite strong as we know & is holding perfectly so far this week. However above 7390 today targets 8 week trend line resistance at 7410/15. Just be aware that a break higher targets the July high at 7452 where we expect strong resistance again.