FTSE 100 sellers in control below 6070
After all the excitement of Monday’s session, we have seen the index bounce around between 6080 up to around 6150.
However, so long as the index fails to push back above 6200 it looks like the sellers are still in control, although they need to push the index below 6070 to confirm that more losses are on the way.
If that happens we look to 6044 and then 6011, with a move to 5900 still on the cards.
Bulls can only rest a little easier if the index gets back above 6200.