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FTSE tumbles following US-led sell-off
The FTSE really lost it in style on Friday, with the index crashing through a number of crucial support levels to negate any bullish sentiment that has built up over the past week.
Given the sharp move we are dealing with, it is worthwhile trading the shorter-term, with shorts preferred until we see a new higher high created.
With that in mind, watch out for another leg lower, with the bearish trend negated should price break back above 6715.