7450 Support

TVC:UKX   FTSE 100 Index
Am watching the 7450 level for support today. Is this just a pullback in the overall bullish trend or are the bears finally waking up? If 7450 breaks then it may well get a lot more bearish . Consumer spending slowing down, companies making redundancies. Some big companies struggling or going into administration in the UK. US stock markets certainly got ahead of themselves.
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