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FTSE 100 treads water
While the FTSE 100 has recovered from the lows of last week, and while the trend is still intact, gains above 7750 have proven fleeting at best.
However, for now, we should work on the basis that the current trend will reassert itself, with a push towards 7800. A drop back below 7683 would suggest a move lower is in progress, down to 7600 and then 7550.
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