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 stalls at recent high
Yesterday saw the FTSE 100 push to the 7553 level, the high from early August, and then briefly move above it. However, so far this morning the price is falling back.
As noted previously, above 7553 the last remaining resistance is 7600, the all-time high from June. Monday’s low of 7484 is the first area to look for possible support, and then down to 7450.
.jpg)
