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FTSE 100 takes a bearish turn
Dips for the FTSE 100 in the direction of 7450 have continued to bring out buyers, but the overnight bounce is fizzling out below 7500, which is a short-term bearish sign.
A dip below 7450 would be the catalyst for more selling, with 7409 and 7363 coming into view. Any recovery back above 7500 brings 7550 back into play.