FTSE100
FTSE maintains positive near-term tone and keeps focus at the upside, after Friday’s close above 7333 (Fibo 61.8% of 7382/7254 pullback) signaled that correction is over.
Initial reversal signal was given by last Thursday’s Hammer and Friday’s gap-higher opening, with gap staying intact after Friday’s dip to 7322.
Technical studies remain firmly bullish and favor fresh attempt at all-time high at 7382, break of which would open way for extension towards projected levels at 7431 and 7461 ( 138.2% and 161.8% Fibonacci projections) respectively.
Rising 10SMA continues to underpin (currently at 7333), followed by rising daily Tenkan-sen (7318).
Only break below the latter would weaken near-term structure and shift risk lower.

Res: 7363; 7371; 7382; 7400
Sup: 7333; 7318; 7303; 7292