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FTSE 100 heads to new highs
The FTSE 100 is heading into new territory as we see off 2017, with the push through 7600 on the 21st leading to a period of consolidation. The breakout from this consolidation is likely to be a bullish one, with an hourly close above 7616 providing a bullish breakout signal.
Alternately, a fall back below 7510 would negate that bullish outlook.