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FTSE 100 weakness continues
FTSE weakness this morning continues the downtrend seen since 15 August, even if we may see some hesitation ahead of Janet Yellen’s speech today.
Nonetheless, it will take a move through 6850 to break the descending channel seen below on the two-hour channel. A drop through yesterday’s low at 6780 might see the index head in the direction of 6600/6650.