FTSE100 – Bearish divergence, eyes rising trend line support
- Bearish price-RSI divergence on the hourly chart could see the index test rising trend line support seen at 6501.
- An hourly closing below 6500 would expose inverse head and shoulder neckline level of 6400.
- On the higher side, only an hourly closing above 6628 would signal the failure of the bearish divergence and open doors for 6700 levels.
