FTSE 100 may rise to 8371.00 - 8474.00

Pivot

8040.00

Our preference

Long positions above 8040.00 with targets at 8371.00 & 8474.00 in extension.

Alternative scenario

Below 8040.00 look for further downside with 7910.00 & 7815.00 as targets.

Comment

The RSI is above its neutrality area at 50%.

Supports and resistances

8610.00

8474.00

8371.00

8338.34 Last

8040.00

7910.00

7815.00

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