FTSE 100 Key Levels

01/30/2013

Cash prices

2nd resistance	6615	Resistance line
1st resistance	6346	Yesterday's high
1st support	6285	Yesterday's low
2nd support	6240	Previous support line
3rd support	6211	55-90min moving average
4th support	6164	Previous resistance line
5th support	6129	Previous resistance line
6th support	6076	Previous low
7th support	6070	Support line
8th support	6054	61.8% Fib retracement
9th support	6020	Previous resistance line
10th support	5893	Previous resistance line
11th support	5760	200-day moving average
12th support	5760	Support line

If you are short:

1st resistance at 6346 (yesterday's high). Fair stop loss above that level.

2nd resistance at 6615 (resistance line). Strong stop loss above that level.

If you are long:

1st support at 6285 (yesterday's low). Weak stop loss below that level.

2nd support at 6240 (previous support line). Fair stop loss below that level.

3rd support at 6211 (55-90min moving average). Strong stop loss below that level.

Posted by Better Trader on 01/30/2013 at 07:59 AM in FTSE 100, Key Levels, Stop Losses | Permalink

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Better Trader

01/30/2013