FTSE 100 on the rise
The brief dip below 6100 yesterday has been swiftly cancelled out, with Janet Yellen’s speech playing a major part. If the index continues higher, then the 6200/6220 area is once again the next area to watch.
A move above here still targets 6324 and then 6450. It may well be that we have seen the end of the consolidation period, and that the index is now ready to move higher.