FTSE June 6995/7000 but a gap open above here targets 7020/25 then 7045/50. Any further gains meet the all important all time high at 7081/7085.5.
Failure to beat 7000 targets 6055 then support at 6930/20. If this does not hold the downside look for 6905/6900 then strong support at 6885/6880. Again today this is an excellent buying opportunity but longs need stops below 6865. A break lower target however is a negative sell signal and sees 6880/6885 work as resistance to target next support at 6840/6835. If this does not hold the downside we look to target 6800 then 6775. If we continue lower look for strong support at 6760/6755.