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FTSE 100: Intraday technical analysis

FTSE should start to drift lower for a test of support at 6355/50 which held nicely on Friday and did in fact mark the low. A break lower today however targets 6330/25 with a low for the day likely. However below here 6309/00 is also good support.
6402/11 is tough resistance again today but shorts need a stop above 6425 for a possible test of April highs at 6447. A break higher then targets 6475.

Jason Sen
Daily Technical forecasts US, Europe & Asia
Equity Index, Commodities, Forex & Fixed Income
daytradeideas.com
Jason Sen
Daily Technical forecasts US, Europe & Asia
Equity Index, Commodities, Forex & Fixed Income
daytradeideas.com

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