FTSE held just above support at 6485/75 as predicted & above 6540/45 now to target 6595/00. Look for a high for the day but shorts need stops above 6630.
Immediate support is 6545/40 & could hold the downside with the outlook more positive. However below here look for support at 6415/10. If this does not hold the downside use 6475/65 as a buying opportunity with stops below 6450.
Weekly outlook is more positive this week & above 6605 can target 6645 but we should struggle here. Any retest of the 6485/65 area is a buying opportunity but below here risks a slide to good support at 6375/70.