FTSE resistance at 6575/80 held the move higher as predicted & support at 6515/10 held the downside perfectly. Use the same levels today but a break lower targets 6480/70 for a buying opportunity with stops below 6460.
A break above resistance at 6575/80 can target 6595/00. Look for a high for the day but shorts need stops above 6630.
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.