FTSE

Pay close attention to the foot. We have a doji top in place on the Hourly chart and are currently testing the 50% line of the Marabuzo candle. A break and close under 5972 would signal a retrace unfolding with the first area of support at the 26 Ema at 5918. Finally got our break// Price has continued lower breaking the 26 Ema. Support levels can now be found at the Fibs. Ideally, we would need a break and close under the 23.6 at 5930.5 for a deeper decline to ensue toward the150 Sma at 5875. Immediate resistence will be found at the 26 Ema and the original break level at 5972.