FTSE 100 may fall to 8060.00 - 8177.00

Pivot

8475.00

Our preference

Short positions below 8475.00 with targets at 8177.00 & 8060.00 in extension.

Alternative scenario

Above 8475.00 look for further upside with 8595.00 & 8700.00 as targets.

Comment

The RSI is around its neutrality area at 50%

Supports and resistances

8700.00

8595.00

8475.00

8297.97 Last

8177.00

8060.00

7916.00

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