FTSE gaps higher this morning hitting 6114.
Today’s Analysis
FTSE retests minor resistance at 6110/20. A break higher meets key resistance at the April recovery high at 6180/90. A break above 6200 is a buy signal of course.
Best support for today at 6010/00. Buy here with stops below 5980. A break lower meets the next buying opportunity at 5940/30 with stops below 5915.
Trends
- Weekly outlook is negative
- Daily outlook is neutral
- Short Term outlook is neutral