FTSE 100 may fall to 7895.00 - 8008.00

Pivot

8283.00

Our preference

Short positions below 8283.00 with targets at 8008.00 & 7895.00 in extension.

Alternative scenario

Above 8283.00 look for further upside with 8371.00 & 8450.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

8450.00

8371.00

8283.00

8209.63 Last

8008.00

7895.00

7815.00

Number of asterisks represents the strength of support and resistance levels.