FTSE 100 ST: bullish bias above 6439.00.

Trading Central 2021-01-13 21:06:05

Pivot: 6439.00

Our preference: long positions above 6439.00 with targets at 6960.00 & 7140.00 in extension.

Alternative scenario: below 6439.00 look for further downside with 6263.00 & 6120.00 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

7300.00 **

7140.00 **

6960.00 ***

6742.14 Last

6439.00 ***

6263.00 ***

6120.00 **

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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