Monday, December 25, 2017

FTSE 100 for the day: Limited growth potential.

FTSE 100 (ICE Europe) (M7) for the day: Limited growth potential.


Buy with target above 7246.00 7286.00 points and 7301.00.

Our pivot point is at the level of 7246.00.

Our preference: fly above 7246.00 to 7286.00 of the target point and 7301.00.

Alternative scenario: The downside breakout level of 7246.00 will open the way to 7222.00 and 7190.00.

Analysis: RSI indicator neutral level exceeds 50%.

Support and resistance levels:

7317.00 **

7301.00 **

7286.00 ***

7272.00 Closing Price

7246.00 **

7222.00 *

7190.00 ***


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