FTSE 100 drops back from key level
The FTSE 100 index fell back from the 7294 level yesterday, indicating that any upward progress must break this level. A continuation of the downward move from yesterday’s high would look to test last week’s low, at 7195.
Below this, 7187 and then 7090 come into play. A move back above 7294 would then head towards 7450.