FTSE 100 Key Levels

02/06/2013

Cash prices

5th resistance	6620	Resistance line
4th resistance	6369	Resistance line
3rd resistance	6355	Previous high
2nd resistance	6297	Yesterday's high
1st resistance	6290	55-90min moving average
1st support	6266	Previous support line
2nd support	6244	Yesterday's low
3rd support	6178	Previous resistance line
4th support	6157	Previous resistance line
5th support	6115	Support line
6th support	6076	Previous low
7th support	6057	61.8% Fib retracement
8th support	6027	Previous resistance line
9th support	5893	Previous resistance line
10th support	5775	Support line
11th support	5774	200-day moving average
12th support	5750	Previous resistance line

If you are short:

1st resistance at 6297 (yesterday's high). Weak stop loss above that level.

2nd resistance at 6355 (previous high). Fair stop loss above that level.

3rd resistance at 6369 (resistance line). Strong stop loss above that level.

If you are long:

1st support at 6266 (previous support line). Weak stop loss below that level.

2nd support at 6244 (yesterday's low). Fair stop loss below that level.

3rd support at 6178 (previous resistance line). Strong stop loss below that level.

Posted by Better Trader on 02/06/2013 at 08:00 AM in FTSE 100, Key Levels, Stop Losses | Permalink

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Better Trader

02/06/2013