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Charting indices: mining sector weakens the FTSE 100

The 6340 level was a key support yesterday, and we are now heading towards the lows of October 14. 

All trading involves risk. Losses can exceed deposits.

This weakness coming through is mainly due to the mining sector, and we could possibly go back to 6318. The DAX was reasonably strong yesterday but the repeated resistance at 10,200 shows there is a risk of a downward move, possibly to the lows of last week. IG analyst Chris Beauchamp also looks at the Dow Jones.

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