Our preference: LONG positions above 6268 with 6330 & 6360 as next targets.
Alternative scenario: The downside penetration of 6268 will call for 6214 & 6170.
Comment : even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Trend: ST Bullish; MT Bullish
Today the outlook for the FTSE100 is for it to go down, how will this effect your bullish predictions?
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