The bulls will need to break above 7752 where there is a fib level, otherwise a dip down towards 7580 looks possible for this week and next. That should be a decent support area though for a bullish run again, with 8000 still on the cards for this year.
Have shorted today at 7755. Was very slow to rise into the 7750 area of resistance but that area has got a decent reaction. Downside target are 7705, 7680 and possibly 7600
Trade fechado: objetivo atingido
The FTSE 100 has dropped down to near enough the 7600 lower target and I expect that we will now climb back again and exceed 7800
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