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FTSE 100 - Bullish price RSI divergence..but

FX:UK100   The FTSE 100 Index
Resistance - 5990, 6004, 6040

Support - 5958, 5906, 5863

Bullish price RSI divergence seen on the hourly chart would gain credence only if prices break above 6004 (23.6% of 6232-5906) on hourly closing basis. Such a move would indicate a short-term bottom is in place at 596 levels.

On the other hand, failure to take out 6004 followed by a drop below 5906 would strengthen bears and open doors for a slide to 5863-5800 levels
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