TipTVFinance

FTSE100 – Bulls need to end falling tops formation

TVC:UKX   FTSE 100 Index
The retreat from the daily high of 7033 if is followed by a daily close below 7000 levels would keep the falling tops formation on the 4-hour chart intact and thus could yield a re-test of and possibly a break below the rising trend line support seen today around 6943 levels.

On the higher side, only a daily close above 7010 would signal bearish invalidation.
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