TipTVFinance

FTSE100- Fresh selling on pullback likely

TVC:UKX   Index of the 100 listed UK companies
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
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