FTSE 100 sees heavy selling
The FTSE 100 sell-off gathered pace mightily last week, with further losses on the open this morning. Downside momentum continued to prevail, with 7294, 7260 and 7195 all in the frame as possible targets.
So far there is little sign of a rebound, but with the breadth so weak the dip buyers will likely have an eye on this index. If the price can stabilise above 7300, there is scope for a recovery.