The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.
FTSE 100 leaps out of the gate
The FTSE 100 has pushed sharply higher in early trading, having rallied around 100 points from the lows of Friday.
Further gains target 7025 and then 7060, and then on to the area around 7150 that acted as resistance in the first half of November. A breakout above here targets trendline resistance around 7265.