FTSE 100 pushes higher
Friday’s price action saw the price stabilise above 6700, with a push higher so far this morning taking the price above the 11 September peak of 6770.
A close above here adds further to the idea that the September dip is over, with the 6820 area the first resistance level to watch for. Above this, the 6880/6900 zone comes into view.
A steady rising trend off the 15 September low remains in place, with Friday’s low around 6695 providing the first test. A move back towards the trendline may therefore bring out fresh buyers.