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FTSE Price Forecast For Oct. 25, 2020

Published 10/26/2020, 04:12 AM
Updated 07/09/2023, 06:31 AM
UK100
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FTSE 100 holding minor support at 5820/10 targets 5850/60 then a selling opportunity at 5875/85 with stops above 5900. A break higher is a buy signal.

A break below 5800 risks a slide to 5760 then 5720 before a retest 1.5 month trend line support at 5690/80. A break below 5670 risks a slide to the May low at 5651/45.

A break below here targets 5615/11. Below 5600 look for 5565/55.

Trends

  • Weekly Outlook Neutral
  • Daily Outlook Negative
  • Short Term Outlook Negative

FTSE Index Chart

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