FTSE 100 holding minor support at 5820/10 targets 5850/60 then a selling opportunity at 5875/85 with stops above 5900. A break higher is a buy signal.
A break below 5800 risks a slide to 5760 then 5720 before a retest 1.5 month trend line support at 5690/80. A break below 5670 risks a slide to the May low at 5651/45.
A break below here targets 5615/11. Below 5600 look for 5565/55.
Trends
- Weekly Outlook Neutral
- Daily Outlook Negative
- Short Term Outlook Negative