This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer and quarterly summary.
FTSE 100 upwards movements short-lived
The FTSE 100 continues to cling on near the 7553 zone, but moves above this level are, for now, short-lived. A daily close above here would suggest a push to all-time highs is in play.
Coming in as potential support are 7519 and then 7448, with dips into the second half of October likely to be viewed as buying opportunities, as the Q4 rally pushes on into November and December.
.jpg)
