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Having shot higher for two days, the index is entering a period of consolidation, with the potential for downside support at 6600 and then 6500.
Although the index has moved sharply higher, with new highs seen last night in US markets we may still see further upward momentum. A break above yesterday’s high at 6700 would signal more gains are on the way, with 6770 and then 6820 the next areas to watch.