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FTSE 100 holds support but little else
While the FTSE 100 rebounded from the 6920 area yesterday, as it did two weeks ago, there has so far been no bullish momentum to maintain the advance.
Dips into the zone from 6920 to 6990 have been met by buying, so a daily close beneath the low is needed to suggest more weakness ahead. Over the past week, 7030 and 7130 have been areas where buying has run out of steam, so a push above here is needed to suggest the buyers are back in charge.
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