This morning we are looking at a possible complex correction for the FTSE 100 which has created a difficult trading environment over the last 2 weeks. One thing I will add is the FTSE has left a string of negative signals below 5880 and it is therefore likely that we will revisit at least 5860 in the near future.
We also have expiry tomorrow and we often see healthier moves come in after this event.
We have more or less touched 6,000 twice today (Thurs 19 May) but have not managed to break through and go beyond. I guess we are heading south again and expect we'll visit 5,870 or thereabouts.
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