FTSE 100 aims to break 7000 once more
The index has fallen back below 7000 in early trade, so a push back above here is needed to restore near-term bullishness. The first area above 7000 to watch is 7033, since Friday’s bounce stalled at this level. Above here the index would target 7064 and then 7090.
A further move lower would find near-term support at 6950 and then 6920. A fall through 6860 would perhaps indicate a bigger drop is likely.