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FTSE selling off following resurgence
The FTSE 100 is selling off sharply this morning, following a two day resurgence. The failure to create a new high, followed by a break below the near-term support of 6251 sparked this selloff and I believe this is the beginning of a relatively strong move lower.
With the FOMC in view, this picture can change significantly, but I will be looking for further downside today, to move us towards 6200 and 6183 support levels.