FTSE 100 looks to clear 7300
Last week saw the FTSE 100 price fall back from the 7300 area, but a recovery began on Thursday. With a stronger open in the US expected, we look to see if the index can make another attempt to clear 7300.
Overall, the push higher is intact, with higher lows so far being seen (the last being Thursday’s at 7186). Above 7300, the 7400 area is the next one to watch. The possible areas of support remain at 7144, and then 7000 and 6919.