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The FTSE level all traders should be aware of

The FTSE, along with other equities indices, doesn't look quite the safe bet as it did some months ago. Renowned technical analyst, Nicole Elliott, suggests a level that could pre-empt a big sell-off.

Nicole points to a triangular pattern on the charts that should make some investors nervous. Confidence has recently been hit by concerns about China, lower commodity prices and the relative strength of some currencies, notably sterling which hit a six week high against the US dollar on Tuesday.

02:08 minutes
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