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FTSE 100 falls back but Dow Jones still strong

The FTSE 100 has edged back but the Dow is still looking strong.

FTSE 100 retreats from recent peak

The FTSE 100 has dropped back from the highs of last week, bringing support at 7600 and 7556 into view.

On the hourly chart, some signs of recovery are seen at 7620, with a move above 7680 providing a more bullish view once again.

Dow still at record high

The Dow Jones remains near a record high, and will continue to gain over the longer term.

Some near-term support may be found around 26,515, while a move below 26,340 would being to suggest a more substantial retracement is in play.


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