FTSE 100 may rise to 8475.00 - 8595.00

Pivot

8170.00

Our preference

Long positions above 8170.00 with targets at 8475.00 & 8595.00 in extension.

Alternative scenario

Below 8170.00 look for further downside with 8000.00 & 7880.00 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

8700.00

8595.00

8475.00

8381.32 Last

8170.00

8000.00

7880.00

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