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Chart Of The Day: FTSE 100

Published 01/06/2021, 07:27 PM
Updated 07/09/2023, 06:31 AM
UK100
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Post Brexit, the FTSE 100 finally is trying to play catchup with global equities, but the index may stall near the 7100 level, which would be the 78% retracement of the 2020 move, and the 161% extension of the spring/summer grind lower. With COVID cases on the rise in the UK and lockdowns ongoing, this may be a level to take or protect profits near term if you are in some long side traders. 
FTSE 100 Daily Chart.

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