FTSE 100 grinds lower from 61.8% resistance
The FTSE 100 has managed to break below the 6978 low amid a period of clear indecision for the index. Ongoing uncertainty over Brexit is likely to ensure that this market is difficult to trade, with any major market move likely to be reflecting a development in from the EU or UK rather than simply a technical move.
As such, watch for a potential extension of this move lower, with an upward retracement coming before long. However, make sure to keep on top of the news for this market.