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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…

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