StephenHoad

FTSE 100 retracing - how long and how deep?

Long
TVC:UKX   UK 100 Index
FTSE 100 continues its bearish short term feel at the moment and retracing into a key pocket of price between 7300 - 7400. The fundamentals aren't great, but this could be the zone where it re-builds for a further push upward? A break below the 7300 then 7100 then 7000 comes on the radar as the next 'buffer zone'.
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