FTSE 100 Key Levels

06/13/2012

Cash prices

7th resistance	5820	Previous high
6th resistance	5685	Previous resistance line
5th resistance	5603	61.8% Fib retracement
4th resistance	5576	April 11 low
3rd resistance	5567	200-day moving average
2nd resistance	5536	Previous high
1st resistance	5479	Yesterday's high
1st support	5414	Yesterday's low
2nd support	5377	55-90min moving average
3rd support	5305	Previous support line
4th support	5230	Previous low
5th support	5110	Previous resistance line
6th support	5085	Support line
7th support	5075	November 25 low

If you are short:

1st resistance at 5479 (yesterday's high). Weak stop loss above that level.

2nd resistance at 5536 (previous high). Fair stop loss above that level.

3rd resistance at 5567 (200-day moving average). Strong stop loss above that level.

If you are long:

1st support at 5414 (yesterday's low). Weak stop loss below that level.

2nd support at 5377 (55-90min moving average). Fair stop loss below that level.

3rd support at 5305 (previous support line). Strong stop loss below that level.

Posted by Better Trader on 06/13/2012 at 07:52 AM in FTSE 100, Key Levels, Stop Losses | Permalink

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Better Trader

06/13/2012