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 claws its way higher
The index is nosing its way above 6800, notching up new highs for the year thus far. The next area to watch would be the June 2015 highs around 6860.
The strong leg higher at the end of last week would seem to suggest that ‘buy the dips’ remains the approach here, with some support around 6774, and then down to 6700.