FTSE is retesting the high

FTSE is testing the significant resistance

 

FTSE has been rejected from the 7600 again. Early week retest is essential for a continuation higher, which will be warranted only upon a clear break above the 7600. A break below 7500 is now required to confirm a rejection and for a reversal lower. Negative indicator divergence is calling for a turnaround.

Note: look for the short trade entries with the stop loss above 7600

 

FTSE testing the resistance

 

 

 

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