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FTSE 100 breaks major support around 5915, decline till 5800 is possible

  • Major support -5915
     
  • Minor resistance - 5973
     
  • FTSE has declined till 5917 at the time of writing and slightly recovered from that level. It is currently trading around 5921.
     
  • On the lower side any break below 5915 will drag the index down till 5825/5780.
     
  • Short term bearish invalidation only above 6065 level.The minor resistance is around 5975/6030/6065.

Go short below 5915 with SL around 5975 for the TP of 5825/5780

 

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