FTSE 100 struggles to break 5900
Repeated attempts to push on beyond 5900 have failed recently, and thus we continue to expect more FTSE downside. A push below Friday’s lows around 5820 would signal a move to the February low at 5794.
Below this, the levels to watch become 5746 and then 5670. A bounce needs to clear 5900 to even suggest the market has turned, with resistance around 5994 and then 6042 for any rally.