Key Observations from the Chart with 9310 resistanceFTSE 100 Index CashFX:UK100hilsdentradingPrice Action & Trend The FTSE is currently at 9,281.7, just below the daily pivot (9,289). Price is trading within a rising trend channel (red lines). Higher lows since early September suggest short-term bullish momentum. Moving Averages (EMA 10, 25, 200) EMA (10) and EMA (25) are pointing upward, supporting short-term bullishness. Price is above the EMA (200), confirming the longer-term uptrend is intact. Pivot Points (Support/Resistance) Pivot (P): 9,289 → price is hovering around here. R1: 9,318, R2: 9,369, R3: 9,398 → upside resistance levels. S1: 9,256, S2: 9,218, S3: 9,158 → downside support levels. RSI (10) RSI at ~58.4 → neutral to bullish, not yet overbought. Trading Ideas 📈 Bullish Setup (trend-following) Buy near support: ideally around S1 (9,256) or EMA (25). Target: R1 (9,318), then R2 (9,369). Stop-loss: below S2 (9,218). 📉 Bearish Setup (counter-trend / pullback) Short near resistance: R1 (9,318) or upper channel line. Target: back to Pivot (9,289) or S1 (9,256). Stop-loss: above R2 (9,369). ⚠️ Neutral / Range Play Since price is consolidating around the daily pivot, intraday traders might scalp between S1 (9,256) and R1 (9,318) until a breakout occurs.