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 rallies towards double bottom neckline
The FTSE 100 has been regaining ground this morning, following on from a sharp deterioration in the week just gone. The 7341 level represents the neckline of a double bottom, where an hourly close above that level would provide a bullish outlook for the day.
Until then, the downtrend remains intact.
.jpg)
