FTSE 100 could see resistance at 6430
Friday saw the index stabilise, moving back into the 6100-6200 range that has prevailed for the month of March. Continued gains will push the index back towards the top end of the range, around the 6200-6220 area, where some resistance may be found.
However, moves on from here are likely to encounter resistance around 6320, the high from the end of December, and then to 6430, which was the area where gains faltered from October until early December.
Dips towards 6000 may still be bought, but only sustained price action below this level would cancel out the optimistic scenario.