Thursday, October 15, 2026

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FTSE100 faces strong resistance around 6065, break above targets 6129/6170

Major resistance - 6065 (Feb 17th high) Major support -5990 The index has made a high of 6051 yesterday and closed at 6049. Short term trend is slightly bullish as long as support 5990 holds. On the higher side major res…

By Lis Howell
1 min read
FTSE100 faces strong resistance around 6065, break above targets 6129/6170
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  • Major resistance - 6065 (Feb 17th high)
     
  • Major support -5990
     
  • The index has made a high of 6051 yesterday and closed at 6049. Short term trend is slightly bullish as long as support 5990 holds.
     
  • On the higher side major resistance is around 6065 and break above targets 6129/6167/6320.
     
  • The index major support is around 5990 and break below targets 5965/5915.
     
  • Short term bullish invalidation only below 5840 level.

It is good to buy only above 6065 with SL around 5990 for the TP of 6129/6170/6200

 

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