FTSE100- Fresh selling on pullback likely

14 сент. 2016 г.

Two consecutive daily close below the head and shoulder neckline suggests the index is on track to test 6580 levels (H&S target)

July 4 high of 6612 could offer some support, although a rebound could be met with fresh selling

Short-term bearish invalidation is seen only if the index sees a day end close above H&S neckline level