I am thinking that the current leg up might run out of steam in the 7545 to 7560 area and then we get a leg down toward 7415 before the year end rally. The FTSE
is struggling to push higher and lagging the Dax
, cable is pegging it too. We have a rate rise (potentially but pretty likely 0.25% increase) and that might well see an initial spike higher in cable which may lead to some FTSE 100
bulls taking profit. IMHO, DYOR!