FTSE 100
A second consecutive tiny little shooting star candle which forms part of what might turn out to be a gently small rounded top – with a weekly close below 7240 needed to complete. Remember that the record high in January 2017 is 7354.14.
SHORT TERM TRADER: Small short at 7265; stop above 7355. Target 6950.
POSITION TAKER: Square.
SUPPORT | RESISTANCE |
7240 | 7300 |
7200 | 7329 |
7165 | 7335 |
7040 | 7354 |