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FTSE 100 - falling tops intact

TVC:UKX   UK 100 Index
The erratic recovery from 7378 (June 15 low) signals the sell-off from the high of 7599 has run out of steam, although the bulls would still want to see a break above 7530 (falling trend line ) before betting on fresh record highs.
On the downside, only a daily close below 7449 would revive the bearish view.

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