FTSEDayTrader Limited

A decent bull Monday again yesterday with them managing to get it all the way for another test of the 8330 level. Which promptly saw the stall! As such that level remains the line in the sand and a...

Today is NFP news at 1330 and the markets have been on tenterhooks this week ahead of that, as it will give more clue on the imminent rate cuts or not. The forecast is 164k, up from 114k previously,...

Well the 8240 level certainly got the reaction and remains as the key resistance for the moment, with a bear Tuesday playing out already as the drop continues from that level. Overnight has seen a...

It was a modest drop off the 8222 resistance level yesterday and the bulls have fought back to bring it back above the 8200 level to start bear Tuesday. It actually looks like we may well get a rise...

Great bounce off the 8170 support yesterday and 8210 remained as the resistance all day but has broken overnight to see a test the 8227 level. As such we may well see a drop back this morning towards...

The bulls fought back well yesterday and the 8170 level held well to enable a touch of the 8250 level yesterday evening. That remains as initial resistance for today and we have the UK employment data...

The 8400 level has been defended and that keeps alive the likelihood of the 8500 test, and possibly a bit higher towards 8515. The slight curve ball in the bulls plans today though may well be the US...

A brief foray yesterday below the 8150 key level saw 8140 set up a modest bounce that has continued overnight. However, with the bulls lacklustre performance yesterday the FTSE100 has gone bearish on...

The bulls were slightly on the back foot yesterday as the drop from 8120 gained some momentum and Meta drove the bears into a bit of a frenzy. More tech earnings this evening as well with concern that...

I hope you had a good weekend! Looking at the technicals we have had a decent drop off the 8030 resistance and the double top with the all time high at 8045 area too. The bulls will of course be keen...

A late afternoon push from the bulls yesterday ahead of the Easter weekend (markets closed Friday and Monday don't forget!) which saw the FTSE100 pull away from the 7900 level and bring 8000 into play...

That was a good bounce off the 7485 yesterday but the bears were slow to react at the 7535 level, at least initially. Overnight we have slid further off that though and are just below...

A couple of tests of that key 7525ish area yesterday that we were keeping an eye on, and the bulls failed to break above it. That is the short term line in the sand, with 7550 remaining as resistance...

And another new month already as September seems to have flown by. We should get an initial kick up as the new month money flows in, and a rise to retest the 7650 level looks like it will play out...

Not a good sign for the bulls yesterday as the FTSE 100 declined, though of course we are at the mid point of the month which is usually the most bearish point of September. We usually decline for the...

Was a great bounce on Friday from the 7405 support level and the bulls have started the week with the upper hand. We are just on the 7500 resistance to start with so we may well see a dip and rise...