FTSE 100 Futures Daily Forecast: June 23, 2020
Jason Sen | Jun 23, 2020 07:33AM ET
FTSE 100 September Futures remains in the sideways trend as expected, ranging from 6190/620 up to 6250/70 so the same levels apply for today.h3 Today’s Analysis/h3
FTSE bulls need prices above 6210 to retest a selling opportunity at 6250/70 with stops above 6290. A break higher is a buy signal for today targeting 6310, 6330 and perhaps as far as 6350/55.
Holding below first resistance at 6190/6200 risks a slide to 6150/40 with first support at 6125/15 for some profit-taking on any shorts. If you try longs here use stops below 6100 and be ready to sell a break below here for 6070/60, perhaps as far as 6040/30.
h3 Trends/h3- Weekly outlook is negative
- Daily outlook is neutral
- Short Term outlook is neutral
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