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 in the balance
The market continues to frustrate shorts, showing no real inclination to head lower, despite an absence of real news. Any strong move lower could find support at 6600, while below this we look towards 6460.
A rally into the new week may well head further in the direction of 7000, with some intermediate resistance around 6895.