FTSE 100 update – Again Rejected at 200-SMA

FX:UK100   FTSE 100 Index
Failure to take out 200-SMA for the second consecutive day if followed by a break below today’s low of 6114.81 by day end could result in a drop to daily 100-SMA of 6082.32. A day end closing below 6082.32 could spell trouble for bulls.
On the higher side, 200-SMA remains a strong resistance, where a violation could yield 6232 levels.
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